China's exports and imports rise more than expected in April

Exports in China increased by much more than economists originally expected in the month of April, according to a report released by the General Administration of Customs on Tuesday, at the same time imports rose beating a forecast. Shipments to the country climbed by 14.7% on an annual basis in April compared to an expected 9.2% growth, while imports advanced by 16.8%, more than a 13% gain preliminary estimated.