Imports rise at slower pace, up 1% from year ago, customs data shows
China’s exports grew 17.9% year-on-year in June, thanks to the easing of coronavirus measures, according to data by the General Administration of Customs on Wednesday.
The figure, beating the market forecast of 12%,was the largest rise seen in the last five months.
The country’s imports increased at a slower pace in June, up 1% from the same month of last year compared to a 4.1% hike a month ago.
China’s trade balance saw a surplus of $97.9 billion in June versus a $78.76 billion surplus in May.