China: Trade Surplus May Be Below $ 25 Billion – BBH

China: Trade Surplus May Be Below $ 25 Billion – BBH

Analysts at BBH noted that China reported a May trade surplus just under $ 25 billion after a $ 28.8 billion surplus in April was revised to $ 28.3 billion.

Main Quote
“Exports are steady, up 12.6% from a year ago, the same as in April, after the revision. However, imports jumped 26% but are expected to slow after a 21.5% rise in March. Meanwhile, US-China trade tensions will emerge next week. The US is expected to determine $ 50 billion worth of goods that will incur an extra 25% import tariff on the intellectual property dispute. China has said that if the US does so, the offer of trade concessions will be withdrawn. “

Forex Signal 30 is the best forex system since 2009 and has been used by thousands of traders from around the world to generate profit in forex trading. This system is created by our team of Brilliant Forex Signal Team, this system is made as simple as possible for beginner and professional traders.