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China trade: imports grow at fastest pace in a decade as trade surge continues

Summary:
[unable to retrieve full-text content]China’s imports and exports grew again in May, but both missed expectations, data released on Monday showed.Imports grew by 51.1 per cent in May from a year earlier to US8.4 billion, up from the 43.1 per cent growth in April, according to data from the National Bureau of Statistics. This was below the median result of a survey of analysts conducted by Bloomberg, which predicted 54.5 per cent growth.This was the eighth consecutive period of import growth and the fastest import growth since…

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[unable to retrieve full-text content]
China’s imports and exports grew again in May, but both missed expectations, data released on Monday showed.Imports grew by 51.1 per cent in May from a year earlier to US$218.4 billion, up from the 43.1 per cent growth in April, according to data from the National Bureau of Statistics. This was below the median result of a survey of analysts conducted by Bloomberg, which predicted 54.5 per cent growth.This was the eighth consecutive period of import growth and the fastest import growth since…

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