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Expert's opinion from FXFinPro

Exports in China fell by 1.8%

Over the weekend, has published statistics on China's trade surplus, which disappointed investors. Thus, despite the increase in the trade surplus of the second world's largest economy to 45.6 billion US dollars against the forecast of 40.3 billion dollars, investors were disappointed by the decline in exports and imports in the country. Exports declined in April by 1.8% compared with growth of 11.5% in March, while imports decreased by 10.9%. This fact points to the instability of the macro-economic indicators in China, which will put pressure on the global stock markets. Our medium-term outlook for the country's market remains positive, but in the near future is likely the decrease.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Monday, 09 May, 2016 / 12:52

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