BREAKING: China’s May trade data shows slowing export growth (up 4.8% year-on-year, below forecasts) and a sharper-than-expected import decline (down 3.4%), reflecting persistent trade tensions, weak domestic demand, and ongoing deflation. Despite a US-China tariff truce, exporters are diversifying markets and upgrading products. These trends highlight fragile confidence and signal key shifts in China’s economy and global supply chains, making the coming months critical for business strategy
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