Tuesday, May 09, 2017

Surplus May Widen, But Banking Concerns Still Persist

China's trade surplus widens in April

A container ship docks at the Port of Ningbo, East China's Zhenjiang province. [Photo/Xinhua] BEIJING - China's foreign trade surplus widened in April as import growth decline outpaced that of exports, customs data showed Monday. Exports in yuan-denominated terms rose 14.3 percent year on year to 1.24 trillion yuan ($179.8 billion), down from the 22.3-percent increase…