Monday 13 July 2015

China June exports rise 2.1% on-year in yuan terms

China's exports rose 2.8% in June from a year earlier in dollar terms, reversing a 2.5% drop in May, data from the General Administration of Customs showed Monday.

The June figure was above the median 0.5% increase forecast by 14 economists surveyed by The Wall Street Journal.

Imports in June fell 6.1% from a year earlier compared with a 17.6% drop in May. The Wall Street Journal's poll put the median forecast at a 16.0% decrease.

China's trade surplus narrowed in June to $46.5 billion from $59.49 billion in May, falling short of the median forecast for a $55.3 billion surplus.

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