Reported 2 months ago
In July, China's exports increased by 7% compared to the previous year, falling short of the expected 10% growth due to trade tensions and slowing demand from major markets like the U.S. Imports, however, saw a stronger rise of 7.2%, indicating improved trade with Asian countries. Despite a trade surplus of $84.7 billion, experts anticipate a slowdown in exports in the coming months, largely influenced by new tariffs on electric vehicles.
Source: YAHOO