China posts strong trade growth

China has reported sharp rises in both exports and imports in May. Demand at home and in some overseas markets rebounded from the slump last year at the height of the pandemic.

Chinese customs authorities say exports stood at almost 264 billion dollars last month, up 27.9 percent from a year earlier.

Shipments of smartphones and other electronic devices continued to rise. Exports to the United States and Europe climbed significantly.

Imports reached 218 billion dollars, up 51.1 percent.
That figure is partly due to escalating prices for raw materials such as iron ore and crude oil.

Analysts say the government is paying close attention to how the prices impact Chinese firms.