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China trade healthier than expected

China trade healthier than expected

Publicerat av Cecilia Helland onsdag, 14 juni 2017.

China's exports and imports rose by more than forecast in May, indicating that economic growth remains resilient amid concerns about a slowdown.

Exports rose by 8.7% from a year ago in US dollar terms, beating estimates of 7%, after strong demand from Europe.

Imports shot up by 14.8%, compared with estimates of 8.5%, thanks to purchases of processing and assembly products.

Overall, China's trade surplus widened to $40.8bn (£31.5bn) from $38bn in April.

Read more at - www.bbc.com/news/business-40197819

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Cecilia Helland

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