China Exports Surge 19.4% as US Trade Truce and Tech Demand Fuel Growth

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China’s trade sector delivered strong performance in May, with exports rising from 14.1% to 19.4% yoy in US dollar terms, beating expectations of 15%. Imports also accelerated from 25.3% to 27.4%, exceeding forecasts and pointing to continued strength in both external and domestic demand. As a result, China’s trade surplus widened sharply from USD 84.8B […]The post China Exports Surge 19.4% as US Trade Truce and Tech Demand Fuel Growth appeared first on ActionForex.