Latest News

Dow Jones Newswires: China’s exports rebounded strongly in May as lockdowns lifted


BEIJING–China’s exports rebounded strongly in May as the world’s second-largest economy gradually emerged from Covid-19 lockdowns, factories resumed production and the supply-chain crunch eased.

Exports rose 16.9% from a year earlier, according to data released Thursday by the General Administration of Customs. That beat the 8.0% growth expected by economists polled by The Wall Street Journal, and marked a sharp jump from the 3.9% expansion in April–the lowest in nearly two years.

Imports increased 4.1% last month after staying flat in April. The economists surveyed had anticipated imports growth of 2.5% for May.

The trade surplus stood at $78.8 billion in May, higher than the $59.5 billion forecast in the WSJ poll. China reported a $51.1 billion trade surplus in April.

Write to Singapore editors at

Dow Jones Newswires: Sharp shares tumble as electronics maker projects 32% drop in net profit

Previous article

Tax Guy: Why hiring your kids to work at the family business this summer can be a tax-smart move — for both you and them

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News