China's trade surplus soars, as exports unexpectedly edge up - latest world news 2020

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Tuesday, June 11, 2019

China's trade surplus soars, as exports unexpectedly edge up

China's trade surplus soars, as exports unexpectedly edge upChinese exports edged up in May, surprising markets, but analysts say the rebound is likely to be short-lived given higher U.S. tariffs and slowing global growth. China's monthly trade surplus jumped 78% to $41.7 billion, as exports rose 1.1% to $213.8 billion and imports fell 8.5% to $172.2 billion, the Chinese customs agency said Monday. The fall in imports reflects weak domestic demand, analysts said.




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