Significant Rise in China's Exports to Russia in April

Chinese customs data, released on Tuesday, shows that "China's exports to Russia continued to rise sharply in April compared to last year, while imports fell into single-digit growth." Chinese exports to Russia surged by 153.1% in April to reach $9.6 billion, maintaining a rapid upward trend from March when exports grew by 136.4% after a 19.8% increase in the first two months of the year. Imports from Russia increased by only 8.06% to $9.6 billion after rising by 30.3% in January and February and 40.05% in March.