China’s exports to US plunge 12.2% in May, a side-effect of US’ decoupling push
2023-06-08 08:27:20 source:Global Times
June 7, 2023
China's exports to the US, its third largest trading partner, continued to decline in May amid Washington's "decoupling from China" push that are hurting normal bilateral ties.
Bilateral trade came in at 390.46 billion yuan ($54.84 billion) in the first five months of the year, down 5.5 percent year-on-year.
China's shipments to the US dropped 8.5 percent in the first five months, while imports from the US were up 3.9 percent, data released by China's General Administration of Customs (GAC) showed on Wednesday.
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