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China's May trade balance, exports and imports all higher than expected
The export beat is likely to draw attention from trade-sensitive markets and trading partners already watching China's external position closely. The acceleration from April's 14.1% pace suggests Chinese manufacturers are finding ways to sustain overseas shipments despite the broader global uncertainty created by the US-Iran conflict and elevated freight and energy costs. Front-loading ahead of unexpected tariff changes or logistical constraints may be contributing to the strength, a pattern seen in previous episodes of global trade uncertainty. The import surge is a more nuanced signal. A 27.4% annual rise, beating ... (full story)
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- Jun 8, 7:46pm | 6 hr ago Posted by
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