Chinese exports increased 0.9% on year in April after falling 6.6% in March and beat consensus for a drop of 1.7%.
Imports +0.8% vs -11.3% and -2.3%.
The trade surplus more than doubled to $18.45B from $7.71B and topped forecasts of $13.90B.
Exports breakdown: U.S. +4.1%, EU +7.8%, Southeast Asia +5.9%, Taiwan -9.7%, Hong Kong -31.3 (due to problematic invoicing last year).
The readings follow other data which indicate that China's economy has been slowing and come after a 2.8% fall in the yuan vs the dollar this year.
The strong growth "will create pressure for China to reverse the recent yuan depreciation," says Citigroup economist Ding Shuang.
"The external demand side is not such a big problem for China now, because the genuine recovery is there," says Wei Yao, the China economist at Societe Generale. "This is actually offering some support to China's growth."
The Shanghai Composite is +0.4%.
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