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1st LD: China's exports down 2.8 pct in May

Xinhua, June 8, 2015 Adjust font size:

China's exports declined 2.8 percent year on year to 1.17 trillion yuan (191.16 billion U.S. dollars) in May, marking marginal improvement from the previous month but continued pressure on the economy.

Imports slumped 18.1 percent from a year ago to 803.33 billion yuan, bringing trade surplus to 366.8 billion yuan, substantially up by 65 percent, data from the General Administration of Customs showed on Monday.

In the meantime, total foreign trade slipped 9.7 percent from a year earlier to 1.97 trillion yuan. Endi