Foreign trade grows less than expected

China’s foreign trade increased strongly in May. As the Beijing customs authority announced on Monday, exports rose by 27.9 percent compared to May of the previous year to $263.9 billion (about €216.9 billion). Imports even increased by 51.1 percent – as strongly as they last did ten years ago. They now amount to $218.4 billion. There was already a plus of 43.1 percent in April.