China’s May Trade Balance: Surplus balloons on exports surge

China's Trade Balance for May, in Yuan terms, came in at CNY502.89 billion versus CNY443.88 expected and CNY325.08 billion last.

The exports jumped by 15.3% last month vs. 13.1% expected and 1.9% previous.

Imports rose by 2.8% vs. -9.0% expected and -2.0% prior.

more to come ...