[Breaking News] China June Exports Up 32.2% YoY, Exceeding Expectations

[Image source=AP Yonhap News]

[Asia Economy Reporter Hyunwoo Lee] China's export and import indicators for June this year have all exceeded expectations.

According to Bloomberg News on the 13th, China's June exports announced by the General Administration of Customs of China increased by 32.2% year-on-year in dollar terms, significantly surpassing the market forecast of 23%. During the same period, June imports also rose by 36.7%, exceeding the market forecast of 29.5%. China's trade surplus for June was recorded at $51.53 billion.

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