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China's export growth steady in May, import growth faster but not from U.S.

Reuters  |  BEIJING 

By Lusha Zhang and Elias GlennBEIJING (Reuters) - China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing's policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in May and at the fastest pace since January, with the data coming at a time when China has pledged to its trade partners - including the United States - that steps would be taken to increase imports.China, the world's largest exporter, has so far escaped any major blow to its foreign trade sector ...

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First Published: Fri, June 08 2018. 14:07 IST