China exports: Global shipments rose 4.8% in May; inflow to US falls nearly 35% amid trade talks

China's export growth decelerated in May, rising only 4.8% year-on-year, a significant drop from April's 8.1% increase, primarily due to a sharp 35% decline in shipments to the United States amid ongoing trade tensions. Despite this, exports to Southeast Asia and the European Union showed strong growth, partially offsetting the US decline.