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fxJun 9, 2026, 1:10 PM

China's Trade Surplus Widens to $105.4B in May, Yuan Supported – SocGen

Societe Generale highlights that China's trade surplus widened to $105.4 billion in May, driven by a 19.4% year-on-year surge in exports, notably from AI-related sectors. The data supports the Chinese yuan's strength.

USDCNY

Societe Generale notes that China's trade surplus expanded to USD 105.4 billion in May, reinforcing the yuan's upward bias.

Exports jumped 19.4% year-on-year, led by AI-related products. The stronger-than-expected trade data backs the currency's resilience against the dollar.

Source: FXStreet Forex News