China: Disappointing set of trade data for April – TDS

By FXStreet Research Team at TDS, notes that China’s exports and imports were both below expectations.

Key Quotes

“But the near 11% decline in imports was the bigger surprise given expectations were for a modest 4% drop. This was the 18th straight monthly decline in imports, placing into question government efforts to engineer a transition towards consumption via heavy infrastructure spending.”
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Source:: FX Street