"China’s May Exports Rise 48.5%, Property Prices Jump"
Via Bloomberg:
Exports gained 48.5 percent in May from a year earlier, the customs bureau said today, more than the 32 percent median estimate in a Bloomberg News survey of 32 economists. None expected such a big gain. Real-estate prices rose 12.4 percent across 70 cities, the statistics bureau said separately.
It is really impressive to see China has gained 48.5% exports in May as all the crisis happening in the worldwide. This good news motivates the stock market, shown in today's US stock market rally. Investor may be more confident of a global economic recovery.
Liz T. Liu
Summer Analyst
Analyze Capital LLC
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