China’s exports grew 19.4% in May from a year earlier, accelerating despite the Iran war

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China's exports grew 19.4% in May compared to the previous year, accelerating despite the Iran war. Specifically, Chinese aluminum exports surged during this period to fill a global shortfall caused by the Middle East conflict. Conversely, crude oil imports continued to slump, reaching an eight-year low as the ongoing war chokes shipments from major producers. These trends highlight a significant shift in trade dynamics amidst regional instability and global commodity shortages.
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