BEIJING (Reuters) - China’s yuan-denominated exports yuan rose 3.2 in May percent from a year earlier, customs data showed on Friday, almost keeping pace with April’s revised 3.5 percent gain.
Yuan-denominated imports rose 15.6 percent last month, up from 11.6 percent growth in April, resulting in a trade surplus of 156.51 billion yuan.
China’s trade performance has had a strong start this year, supported by sustained demand at home and abroad.
But the export outlook is being clouded by a heated trade dispute with the United States, which could disrupt its shipments and supply chains, while a cooling property market may curb China’s demand for imported raw materials such as iron ore.
The General Administration of Customs is expected to release dollar-denominated trade data later on Friday.
Reporting by Beijing Monitoring Desk; Editing by Eric Meijer