China's Exports Drive Economic Recovery with May Growth, Imports Remain a Concern

Reported 6 months ago

China's exports increased by 7.6% year-on-year in May, exceeding expectations, indicating a positive trend for the economy's recovery. However, imports only grew by 1.8%, highlighting ongoing weakness in domestic demand. Analysts remain cautious about the sustainability of export growth and emphasize the importance of boosting domestic consumption for long-term economic stability. Despite challenges like the property market crisis, the government is expected to implement further policy support measures to stimulate domestic demand and uphold economic growth.

Source: YAHOO

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