The Chinese trade balance surplus reduced drastically

According to the the Principal Customs Office Of China (GAC) the trade surplus is decreased by 87 percent in April.

The Chinese export in the fourth month of the year was close to 120 billion USD, which is a 30.5 percent increase, compared to the previous year and 6.3 percent compared to March. In the same period import exceeded 118 billion USD, which is a nearly 50 percent increase, compared to the same period of last year – reports Népszabadság Online.