Surprising Growth in Chinese Exports in June

China exported more in June than a year earlier. Imports from the Asian country also rose year-on-year, reports Chinese customs.

 

Economists expected a decline in both imports and exports.

Exports rose 0.5 percent, while economists generally accounted for a 2 percent decline. Imports climbed 2.7 percent, while a 9 percent decline was forecast here.

Rising imports and exports point to increasing demand for Chinese products as many economies gradually reopen after lockdowns to curb the coronavirus.

At the same time, trade in the first half of the year was much less than a year earlier as a result of the corona crisis.

According to experts, the recovery also remains fragile, as the lung virus is on the rise again in parts of the United States.