China trade data beats expectations

China's exports and imports grew more than expected in April, offering the possibility of a better outlook for the world's second-largest economy, but the figures failed to put an end to skepticism that financial maneuvering by exporters and speculative capital inflows are masking weakness in real demand.

China's exports rose 14.7 percent in April, while imports grew 16.8 percent, leaving the country with a trade surplus of $18.16 billion for the month, the Customs Administration said on Wednesday.

That compared with market expectations for a 10.3 percent rise in exports, a 13.9 percent increase in imports and a trade surplus of $15.1 billion.

From a month earlier, exports edged up 2.7 percent while imports fell 7.7 percent.