China exports smash records despite Hormuz chaos While major economies struggle with supply chain disruptions, Chinese exports surged 14.1% YoY, crushing forecasts of 6.9% and hitting a record $359.4 billion in April…

China's exports rose 14.1% year-on-year in April, reaching a record $359.4 billion, significantly surpassing forecasts of 6.9%. This robust performance comes amid ongoing supply chain disruptions affecting major economies and geopolitical tensions in the Hormuz Strait, which could impact global oil supply. The strong export figures may enhance China's trade balance and support the yuan, while also influencing global demand for commodities and manufacturing inputs. Traders will closely watch upcoming data on U.S. consumer spending, which could provide insights into the broader economic impact of these export trends.

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