China's Exports Surge, Imports Decline
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World
China exports skyrocket over 12% in March while imports extend declines, official data shows
75% Informative
China 's exports jumped more than expected in March as businesses kept frontloading outbound shipments to avoid prohibitive U.S. tariffs.
Imports slipped 4.3% in March from a year earlier , compared with the economists' expectations of a 2% decline.
The Chinese leadership has set an ambitious annual growth target of " around 5% " this year , a goal seen harder to achieve given the prospects of an escalating trade war.
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