China returns to trade surplus

China posted more double-digit trade growth in April in a sign of its recovery, but analysts said Beijing is unlikely to move quickly to let its currency rise because global demand still is weak. Imports jumped 49.7 per cent over a year earlier to $118.2bn, while exports surged 30.5 per cent to $119.9bn, the official Xinhua News Agency said yesterday. China's trade surplus rebounded to $1.7bn from March's $7.2bn deficit.