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China-U.S. trade surplus widens in April


Tuesday, 8 May 2018 13:42 WIB

Ekonomi CinaChina Trade Balace


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China's trade surplus with the U.S. widened last month, as both inbound and outbound shipments accelerated, official data showed Tuesday.

The country's trade surplus with the U.S. reached $22.19 billion in April, up 43.8% compared with March's surplus, according to data released by the General Administration of Customs.

Over the first four months of the year, China's trade surplus was $80.4 billion, up 13.4% compared with the same period of 2017, customs data showed.

Rising U.S.-China trade tensions may have prompted some companies to bring forward shipments in anticipation of higher tariffs, economists have said.

Source: Marketwatch


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