China Exports Up 0.9%

China’s exports rose unexpectedly in April compared with the same month a year earlier, in a modestly positive sign for the world’s No. 2 economy.

The increase in exports was small—up 0.9%—but it comes amid concerns that China’s economic growth is slowing. Growth in exports is positive for China because Chinese-made goods sold abroad make up an important share of the nation’s economic growth.

In the first quarter, the economy grew 7.4% from a year earlier, prompting a number of economists to say the country is at risk of missing its formal 2014 growth target of about 7.5%. Last year China’s economy grew 7.7%.

WSJ

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