China exports jump 8% in April despite rates

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The growth of China’s exports showed resilience in April, challenging the expectations that the effects of a trade war with the United States began to bite.

Exports grew 8.1 percent in terms of dollar compared to a year earlier, according to the statistics of the Customs Administration of China published on Friday.

This was far ahead of the expectations of the analysts surveyed for Reuters of 1.9 percent growth, which would have been the slowest growth in almost a year, although it was a slowdown in the growth of 12.4 percent in March.

Imports reduced 0.2 percent last month, the third consecutive month of falls.

The figures are like Washington and Beijing have descended to a trade war.

United States President Donald Trump last month increased his rates to most Chinese assets to 145 percent and said he would impose new taxes on the country’s small value packages. Beijing responded with 125 percent rates.

The two countries will do it Start commercial conversations Saturday in Geneva. Treasury secretary, Scott Bessent and commercial representative Jamieson Greer, will represent the United States, while China has said that its delegation will be led by the Vice -Pupremier He Lifeng, its maximum economic official.

It will be the first high -level meeting of the two parties since January, when the Chinese Vice President Han Zheng attended Trump’s inauguration. Bessent said that the trade war is “not sustainable”.