From the Associated Press via BusinessWeek:
China’s trade surplus expanded to $13 billion in May, slightly lower than economists had expected, but a 44 percent increase over a year earlier and the largest monthly surplus so far this year.
China’s exports last month totaled $73.11 billion, up 25.1 percent from a year earlier, matching expectations, according to customs data released Monday.
Imports for May totaled $60.11 billion, up 21.7 percent from a year earlier.[Full Text]
Also see “China racks up record $13bn trade surplus in May” from the Financial Times.
Also see “China’s Inflation Quickens to 1.4 Percent on Fuel” from Bloomberg News
