BEIJING—Chinese exports rose unexpectedly in April, bucking a pandemic-induced economic slump that has crimped demand and disrupted supply chains world-wide.
But economists warned that Chinese exporters may be enjoying a temporary reprieve and aren’t likely immune to a global downturn that remains highly uncertain—a reality underscored by a surprise plunge in Chinese imports. “While demand in emerging markets is resilient, it’s not enough to offset declines from other major trading partners in European and the U.S., which will feed through to weaker exports in coming months,” said Liu Xuezhi, an economist with Bank of Communications.
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