Markets
Photo: Reuters
China's July exports climb 23.9% y/y, imports up 27.5%
- Imports were expected to have gained 27.9%, after a 36% jump in June
AI Overview (with editorial review)
Brief AI Generated summary
China's exports grew 23.9% in July, while imports rose 27.5%, both slowing from the previous month but still indicating robust trade activity.
Read the full article for:
- China's July export growth figures.
- Comparison of export and import growth rates.
- Performance against Reuters' economic forecasts.
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BEIJING: China’s exports in July expanded 23.9% from a year earlier in US dollar value terms, slowing from a 27% surge the previous month, while imports rose 27.5%, customs data showed on Friday.
Export growth beat a 22.2% rise forecast in a Reuters poll.
Imports were expected to have gained 27.9%, after a 36% jump in June.
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