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07.08.2025 06:19:13

China Exports Growth Tops Expectations

(RTTNews) - China's exports grew at a faster-than-expected pace in July, data from customs office showed on Thursday.

Exports surged 7.2 percent on a yearly basis, following June's 5.8 percent increase. Exports were forecast to climb 5.4 percent. At the same time, imports climbed unexpectedly by 4.1 percent from a year ago after rising 1.1 percent in June. Exports were forecast to fall 1.0 percent.

As a result, the trade surplus fell to $98.24 billion from $114.77 billion in June. The surplus was seen at $105.2 billion.