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China's exports up 4.8% in May as shipments to US fall nearly 10%
Imports declined 3.4 per cent year-on-year, leaving a trade surplus of $103.2 billion
AP Beijing
China's exports rose 4.8 per cent in May from a year earlier, lower than expected as shipments to the United States fell nearly 10 per cent, according to customs figures released on Monday.
Imports declined 3.4 per cent year-on-year, leaving a trade surplus of $103.2 billion.
China exported $28.8 billion to the United States in May, while its imports from the US fell 7.4 per cent to $10.8 billion, the report said.
Trade slowed in May after China's global exports jumped 8.1 per cent in April, even after US President Donald Trump struck a deal with Beijing to delay implementation of stiff tariff hikes to allow time for talks.
The next round of US-China talks was due to take place later Monday in Britain.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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