China trade beats expectations in April

Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country's leadership as it tries to steer the economy out of a long-running slump. Meanwhile, imports surged 8.4 percent, far better than the 4.7 percent estimated in the Bloomberg survey, providing hopes that demand in the world's number two economy could be improving. Read The Rest at :