China's total exports to the world increased 48.5% in May compared to one year ago. The panda nation has a trade surplus of $19.5 billion for the month, reported reuters.com. The current data shows that world economy remains at stable level as investors continue to worry about global economy, especially with the recent debt problems in European Union. Consumers will continue to see 'Made in China' in every markets in the world.
While world top economists are so worry with the current economy turmoil in Europe, however, China's total exports to Europe were unchanged from the previous months. As per reuters.com, total exports to European countries increased 49.7 percent in May compared to 12 months ago.
Comments