• China's trade surplus totaled $40.8 billion in May versus the expected surplus of $47.8 billion

Market news

8 June 2017

China's trade surplus totaled $40.8 billion in May versus the expected surplus of $47.8 billion

China's exports increased more than expected in May, the General Administration of Customs, cited by rttnews.

In dollar terms, exports advanced 8.7 percent year-on-year in May, faster than the 7.2 percent increase economists had forecast.

Likewise, imports climbed 14.8 percent, bigger than the expected 8.3 percent.

As a result, the trade surplus totaled $40.8 billion in May versus the expected surplus of $47.8 billion.

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