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China posts unexpected increases in imports and exports in June

Bloomberg
Bloomberg7/14/2020 05:17 PM GMT+08  • 3 min read
 China posts unexpected increases in imports and exports in June
China’s exports and imports both rose in June, signalling that demand at home and abroad may have started to recover even as the pandemic continues to ravage the global economy.
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(July 14): China’s exports and imports both rose in June, signalling that demand at home and abroad may have started to recover even as the pandemic continues to ravage the global economy.

Exports rose 0.5% from a year ago, while imports expanded 2.7%. Both had been forecast by economists to fall. The trade surplus shrank from a record-high in May to US$46.4 billion ($64.45 billion) last month.

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