China Exports & Imports Surge
China’s exports and imports recorded sharp growth in June, official data revealed Tuesday.
Exports advanced 27.0 percent on a yearly basis after rising 19.4 percent expansion in May, the General Administration of Customs said. Shipments were expected to rise at a slower pace of 18.2 percent.
Similarly, imports reported an annual growth of 36.0 percent, up from 27.4 percent in the previous month. Economists had forecast imports to climb 24.0 percent.
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