empty
 
 

2026.06.0903:29:20UTC+00Offshore Yuan Holds Gains on Strong Exports

The offshore yuan held steady around 6.78 per dollar on Tuesday, after stronger-than-expected trade data underscored the resilience of China's export sector despite mounting signs of an economic slowdown. Exports surged 19.4% year-on-year in May to a record USD 376.8 billion, supported by inventory building to offset rising shipping and energy costs tied to the Gulf conflict, as well as solid demand for semiconductors and AI-related products. Although the conflict in the Middle East has not yet had a major impact on exports, subdued domestic demand continues to leave the economy exposed to any deterioration in global conditions, bolstering expectations of further policy easing. At the same time, imports rose 27.4% to USD 271.4 billion, surpassing forecasts for a 25% increase and indicating that domestic demand remained relatively firm despite rising inflationary pressures. As a result, China’s trade surplus widened to USD 105.4 billion, its highest level since January.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback