The Chinese Customs Office released its trade data on Sunday. China’s trade surplus climbed to $45.56 billion in April from $29.86 billion in March from $32.59 billion, exceeding expectations for a rise to a surplus of $40.00 billion.

Exports fell at an annual rate of 1.8% in April, while imports slid at an annual rate of 10.9%, the seventeenth consecutive decline.

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