China's imports grew at their fastest pace in 10 years in May, boosted by surging demand for raw materials, although the growth of exports slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.
Imports, in US dollar terms, increased by 51.1 per cent in May from a year earlier to $218.4 billion, accelerating from the 43.1 per cent growth in the previous month, according . . .
To continue reading, please subscribe and you will get:
- ORIGINAL, DATA-DRIVEN & IN-DEPTH STORIES
- THE WIRE - An all-in-one platform with up-to-the-minute updates of market-moving news and views sources via a network of journalists, traders, brokers, analysts, etc. and from multiple credible news outlets in mainland China. We The Wire 24/7, we walk you through every trading day in mainland China and Hong Kong.
- DETAILS - General information is everywhere, but information with details is rare.
- WEEKLY NEWSLETTER - A summary of the week's top news distilled into one email.
Already have an account? Sign In