China Exports Stabilized in April Amid Weakness in Currency
- Shipments rose 4.1% in yuan terms, fell 1.8% in dollar terms
- Imports in yuan terms extended declines to 18 straight months
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China’s exports stabilized in April as the value of the currency decreased, while imports extended a streak of declines to 18 months.
Overseas shipments rose 4.1 percent in yuan terms from a year earlier yet fell 1.8 percent in dollar terms, the customs administration said Sunday. Imports slumped 10.9 percent in dollars to leave a trade surplus of $45.6 billion.