Decoding China’s economic resilience

China's trade in goods continued to grow in the first five months of the year. From January to May, foreign trade totaled nearly 18 trillion yuan or around 2.5 trillion US dollars. That represents a 2.5% increase despite the uncertain global economic environment. Several multinational investment banks, including JP Morgan, Goldman Sachs, and UBS, have raised their forecasts for China's GDP, citing…