China’s exports up 4.8% in May as shipments to the US fall nearly 10%

Trucks move through containers piled up at a container terminal in Nanjing in east China’s Jiangsu province. China’s exports rose 4.8% in May.  (Chinatopix Via AP)

BEIJING, China — China’s exports rose 4.8 percent in May from a year earlier, lower than expected as shipments to the United States fell nearly 10 percent, according to customs figures released Monday.

Imports declined 3.4 percent year-on-year, leaving a trade surplus of $103.2 billion.

READ: China manufacturing shrinks in May despite trade war truce

China exported $28.8 billion to the United States in May, while its imports from the US fell 7.4 percent to $10.8 billion, the report said.

Trade slowed in May after China’s global exports jumped 8.1 percent in April, even after US President Donald Trump struck a deal with Beijing to delay implementation of stiff tariff hikes to allow time for talks.

The next round of US-China talks was due to take place later Monday in Britain.