- China says U.S. dollar-denominated exports in July rose 3.3% from a year ago while imports fell 5.6% during the same period.
- Economists polled by Reuters had expected July’s exports to fall by 2% from a year ago, and imports to decline by 8.3% over the same period.
- The better-than-expected trade numbers may not last, says Julian Evans-Pritchard, senior China economist at consultancy Capital Economics.
China reported trade data that was better than expected despite mounting economic pressure...
https://container-news.com/china-exports-unexpectedly-rise-july/