China’s exports rose 15.3 percent in May from a year earlier, exceeding all 29 analyst estimates in a Bloomberg News survey, as shipments to the U.S. jumped the most this year and sales to the European Union rose for the first time in three months. Imports gained 12.7 percent from a year earlier, the Beijing-based customs bureau said today. That compared with the median estimate of 5.5 percent in a Bloomberg survey and a 0.3 percent increase in April. The trade surplus of $18.7 billion also beat forecasts. China cut interest rates three days ago as the government counters the effects of Europe’s debt crisis and seeks ... (full story)