{"id":51981,"date":"2024-05-09T17:11:25","date_gmt":"2024-05-09T07:11:25","guid":{"rendered":"https:\/\/abnews.com.au\/?p=51981"},"modified":"2024-05-09T17:11:25","modified_gmt":"2024-05-09T07:11:25","slug":"china-trade-beats-expectations-in-april","status":"publish","type":"post","link":"https:\/\/aglowmedia.com.au\/?p=51981","title":{"rendered":"China trade beats expectations in April"},"content":{"rendered":"<p><strong>Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country&#8217;s leadership as it tries to steer the economy out of a long-running slump.<\/strong><\/p>\n<p>Overseas shipments expanded 1.5 percent on-year in April, slightly beating forecasts in a Bloomberg survey and a strong turnaround after a shock 7.5 percent plunge in March.<\/p>\n<p>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&#8217;s number two economy could be improving.<\/p>\n<p>The figures from Beijing&#8217;s General Administration of Customs (GAC) come as authorities struggle to spur an economic recovery that has sputtered since the country emerged from stringent Covid control measures in late 2022.<\/p>\n<p>China continues to fight a crisis in its debt-ridden property market, with home prices sliding in recent months, while retail sales have been hit by poor domestic demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese exports returned to growth last month while imports smashed expectations, data showed Thursday, providing a much-needed boost to the country&#8217;s leadership as it tries to steer the economy out of a long-running slump. Overseas shipments expanded 1.5 percent on-year in April, slightly beating forecasts in a Bloomberg survey and a strong turnaround after a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[1426],"class_list":["post-51981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english","tag-china-trade-beats-expectations-in-april"],"_links":{"self":[{"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/wp\/v2\/posts\/51981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51981"}],"version-history":[{"count":0,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/wp\/v2\/posts\/51981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aglowmedia.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}