China’s June export growth beats forecast


Strong uptick: A cargo ship loaded with containers is seen leaving a port in Hainan. China posted a trade surplus of US$51.53bil last month, compared with the forecast of US$44.2bil. ― AFP

BEIJING: China’s exports grew at a much faster-than-expected pace in June as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays.

Imports growth also beat expectations, though the pace eased from May, with the values boosted by high raw material prices, customs data showed yesterday.

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