China’s Exports Rise Unexpectedly; Imports Fall More-Than-Forecast

China's exports grew unexpectedly in May as companies front-loaded ahead of US tariff hike, while imports declined more-than-expected signaling weak domestic activity. Data from the General Administration of Customs on Monday showed that exports advanced 1.1 percent year-on-year in May confounding expectations for a decline of 3.9 percent. On the other hand, imports decreased 8.5 percent.