In May, China's exports increased 7.6% YoY, outpacing Reuters' 6% forecast, while its imports grew 1.8%.
China's exports grew by 7.6% year-on-year in May, surpassing predictions made by Reuters economists who had forecast a 6% growth in exports and a 4.2% increase in imports. This marks a resilient performance amidst ongoing trade tensions and suggests the country's increasing demand for goods in the global market. China's imports also saw a growth of 1.8%, indicating a positive trend in the overall trade sector.
June 07, 2024
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