Export growth back in the red
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The General Administration of Customs (GAC) released trade data for May on Wednesday.
The headlines:
Exports fell 7.5% y/y in dollar terms in May, compared with an 8.5% y/y increase in April.
Imports dropped by 4.5% y/y last month, versus a 7.9% y/y fall in April.
The trade surplus was USD 66 billi...