China’s imports of soybeans rose in May from a month earlier, while those of crude oil, coal, and iron ore dropped, customs data showed on Monday.
China’s exports expanded 4.8% year-on-year in value terms in May, and imports dropped 3.4%, the data showed, as trade tensions remain high between Beijing and Washington.
Economists polled by Reuters had forecast a 5.0% expansion in exports and a 0.9% drop in imports.