China's trade surplus widens $49.9 billion in May

Market news

8 June 2016

China's trade surplus widens $49.9 billion in May

The Chinese Customs Office released its trade data on Wednesday. China's trade surplus climbed to $49.9 billion in May from $45.56 billion in April, missing expectations for a rise to a surplus of $58.00 billion.

Exports fell at an annual rate of 4.1% in May, while imports declined at an annual rate of 0.4%.

Consumer credit in the U.S. increases by $13.42 billion in April

United Kingdom: Manufacturing Production (MoM) , April 2.3% (forecast 0%)

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