China trade surplus with US arrives at $26.89B in May vs. $21.01B previous

Dhwani Mehta FXStreet

According to the latest data published by the China Customs on Monday, the Chinese trade surplus with the US expanded by $26.89 billion in May vs. $21.01 billion surplus growth seen last.

China’s trade surplus with the US stood at $ 110.55 billion during January to May.

Separately, the Global Times reported that China-US trade reached 1.42 trillion yuan ($205.5 billion) in the first five months, a 9.6% drop, making the US China’s third largest trade partner.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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