China's trade surplus touches $20.2 bn

China's trade surplus touched $20.2 billion during May, a 10 per cent drop over the same month a year earlier, the General Administration of Customs said.

Exports jumped 28.1 per cent to $120.49 billion and imports shot up by 40 per cent to $100.29 billion, the customs figures showed.

The export growth rate was 6 percentage points lower but the import rate 20.9 per cent higher.

China said recently that the US economic slowdown and the rising value