China saw a trade surplus of $75.43 billion for the period of January to April, the General Administration of Customs said on Tuesday. For April alone, the trade surplus came in at $12.9 billion - below forecasts that had expected $20.3 billion after the $18.56 billion surplus in March and $4.84 billion in February.
Exports were down 22.6 percent on year in April, the data showed - more than forecasts for an 18.4 percent annual decline. Through the first four months of the year, exports were off an annual 20.5 percent. On month, exports were up 6.9 percent.
Imports fell 23 percent on year in April, the GAC said, versus forecasts for a 22.0 percent decline. Imports were down an annual 28.7 percent through the first four months of the year. On month, imports were 15.1 percent higher.
It was the sixth consecutive monthly decline in both exports and imports.
Also on Tuesday, the National Bureau of Statistics said that urban fixed-asset investment in China jumped 30.5 percent on year through the first four months of the year - slightly higher than analyst expectations for an annual increase of 29 percent.
Investment in state-controlled projects jumped an annual 30.6 percent, while investment in central government projects was up 29.3 percent.
Coal exploration was up 36.6 percent on year, while electricity added 18 percent, natural gas exploration gained 10.1 percent, railway transportation gained 94.2 percent, non-metals were up 58.6 percent, ferrous metals added 4.7 percent and non-ferrous metals jumped 26.3 percent.
Through the first three months of 2009, fixed-asset investment had risen 28.6 percent on year.
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