China’s Trade Surplus in May Could Bolster Emerging Markets
This article was originally published on ETFTrends.com.
The trade impasse with the United States didn’t seem to affect China in May as the country’s overall trade surplus was about $42 billion–double the $20.5 billion expected by economists polled by Reuters. The data comes just as the International Monetary Fund (IMF) lowered the growth expectations for China through the rest of the year. [...]