China’s exports continued to post solid growth in July, maintaining momentum despite mounting geopolitical and trade headwinds. The country’s exports rose by 23.9 per cent year on year to US$397.85 billion last month, according to Chinese customs data released on Friday. The reading was above a forecast of 22.88 per cent growth from economists polled by financial data provider Wind. China also saw imports grow by 27.5 per cent last month to US$285.35 billion, surpassing projections of 26.67
China’s exports continued to post solid growth in July, maintaining momentum despite mounting geopolitical and trade headwinds. The country’s exports rose by 23.9 per cent year on year to US$397.85 billion last month, according to Chinese customs data released on Friday. The reading was above a forecast of 22.88 per cent growth from economists polled by financial data provider Wind. China also saw imports grow by 27.5 per cent last month to US$285.35 billion, surpassing projections of 26.67This article was originally published by South China Morning Post.
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