Imports plunge
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On Tuesday, the General Administration of Customs released April's trade data.
The headlines:
Exports rose 8.5% y/y in dollar terms in April, compared with a 14.8% y/y increase in March.
Imports dropped by 7.9% y/y last month, versus a 1.4% y/y fall in March.
The trade surplus was USD 90 billion in...