Chinese exports in May grew about 50% from a year earlier, reports say, crushing expectations of...

|By:, SA News Editor
Chinese exports in May grew about 50% from a year earlier, reports say, crushing expectations of a 32% jump. The Shanghai stock index surges nearly 3%, as the strong export growth reassures investors worried about a potential slide in China's economy. But it's not all good news for Chinese manufacturing, as labor protests spread.