Foreign media: China's exports surged unexpectedly in May, rising 19.4% year-on-year to $376.78 billion, far exceeding economists' expected growth of 12.39%; imports increased by 27.4% to $271.35 billion, also surpassing the anticipated 20.15%, leading to an expanded trade surplus of $105.43 billion.
This strong momentum continued from April's surprising performance, primarily driven by robust global demand for AI-related electronic products and a surge in U.S. imports following the easing of trade tensions amid the U.S.-China tariff war.
Analysts point out that despite ongoing geopolitical conflicts such as the U.S.-Israel military action against Iran and global economic instability, China's export competitiveness remains strong, and high inflation has yet to curb overseas demand.
Original source: toutiao.com/article/1867535495539723/
Disclaimer: The views expressed in this article are solely those of the author.