Reported 6 months ago
China's exports in May increased by 7.6% year-on-year, reaching a four-month high, while imports grew by 1.8%, a notable decrease from the previous month. The trade surplus for May was $82.62 billion, maintaining a high level. Market analysts predict that China's exports will continue at a higher growth rate in the coming months, with expectations for the economy to maintain around a 5% growth rate in the second quarter. ASEAN remains China's largest trading partner, with trade valued at $390.33 billion, followed by the EU and the US.
Source: YAHOO