Reported about 4 hours ago
China's exports surged 5.8% in June thanks to a temporary relief from U.S. tariffs, leading to increased orders from companies and consumers. Imports also slightly rose by 1.1%, marking the first increase this year. Despite a notable drop of 16% in exports to the U.S., the overall trade balance remained positive, with total global trade reaching over 20 trillion yuan. Economists caution that high tariffs may hinder future export growth.
Source: YAHOO