China Export Growth Likely Quickened to 7.9% in April

China's export growth likely rose to 7.9% in April as buyers stockpiled goods amid the Iran war. Rising energy costs pose a risk to future global demand.

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China exports likely rose 7.9% in April, according to a Reuters poll of 22 economists, as global buyers stockpiled goods to hedge against rising costs from the Iran war. This marks a jump from the 2.5% growth recorded in March. Investors are monitoring if industrial momentum can offset weak domestic consumption and surging energy prices.

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