News Snapshot:
China’s trade with the US and Australia grew in April despite tensions CNBC | 7:28 AM China’s exports surged more than expected in April as global demand for Chinese goods remained elevated amid countries’ varying stages of dealing with the coronavirus pandemic. US dollar-denominated exports rose 32.3 percent in April from a year ago, China’s customs agency said Friday. That beat an estimate of 24.1 percent growth from analysts polled by Reuters. Imports rose 43.1 percent in US dollar terms, also topping expectations of 42.5 percent growth, based on a Reuters poll. Exports were boosted by demand for electronics and...
