China’s ASEAN trade soars

China recorded US$95.55 billion in trade with ASEAN members during the first five months of this year, up 26.9% over the same period last year, state media reported, citing the General Administration of Customs. The total included US$50.27 billion in import value, up 22.3%, and US$45.28 billion in export value, up 32.6%. China's trade deficit with ASEAN countries dropped by US$1.96 billion, or 28.2%, over the five-month period to US$4.99 billion.