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[Ferro-Alloys.com] China's exports continued to recover in May amid improving demand in developed countries, which analysts believe will ease concerns over a slowdown and help stabilize growth.

Exports increased by 7% in May from a year earlier, outpacing the 0.9 percent increase in April and 6.6 percent drop in March. However, imports in May declined by 1.6 percent year-on-year, compared with the 0.8 percent growth in April and 11.3 percent slump in March, according to the General Administration of Customs.

This data suggests that after a slow start in the first quarter, global demand growth has improved as stronger economic growth in the United States and Europe starts to filter through to import growth while emerging-market demand growth holds up. ... On the margin, Chinese exporters also benefit from the weakening of the RMB since late February.

• [Editor:Yueleilei]