China Achieves Record Trade Surplus Amid Trade Challenges

Reported about 11 hours ago

China reported a record trade surplus of approximately $586 billion in the first half of the year, supported by a 5.8% rise in exports in June, despite a significant decline in shipments to the US. While manufacturers have adapted to ongoing tariffs and diversions of exports to other markets, concerns about rising global protectionism and the complex external economic environment remain. Analysts indicate that despite the recent improvements, the sustainability of this growth is uncertain amid evolving US trade strategies.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis