China's May Exports Surge 7.6%, Defying Trade Tensions
Despite escalating trade tensions with the US and EU, China's exports in May saw significant growth, driven by strong demand from Southeast Asia and a lower base from the previous year.
- China's exports in May grew 7.6% year-on-year, the fastest pace in over a year.
- Imports rose by 1.8% in May, falling short of analysts' expectations.
- The trade surplus widened to $82.6 billion, up from $72.4 billion in April.
- Exports to ASEAN countries surged, while shipments to the US and EU faced headwinds.
- Economic analysts remain cautious about the trade outlook due to potential new tariffs.
South China Morning Post 
SHINE 
Associated Press 
ABC News 
CNBC 