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Hong Kong, Jun 9 (AP) China's exports picked up pace in May, rising 19.4% from a year earlier, its customs agency said Tuesday, as shipments remained robust despite impacts from the Iran war.
The stronger than expected performance was an improvement from April's 14.1% year-on-year increase.
Exports have remained robust despite the war, supported by shipments of autos and technology and artificial intelligence-related products such as semiconductors.
Imports in May jumped 27.4%, also at a faster pace compared with April's 25.3% year-on-year expansion. (AP) AMS
Export growth and import momentum remained strong despite Iran war disruption, supported by autos and technology shipments. China's customs data showed a sharp rise in exports and imports in May, with exports increasing 19.4% year-on-year and imports rising 27.4%. The export performance was stronger than in April and remained resilient despite disruption linked to the Iran war. The reported strength was supported by shipments of autos and technology, including artificial intelligence-related products such as semiconductors.Press 'Enter' after typing page number.