China's exports picked up unexpectedly in June but imports tumbled again, reinforcing expectations that the government may further loosen policy to lift the Chinese economy after a recent stock market rout.
However, imports slid much less than analysts had forecast, leading some to see a silver lining in the latest data.
China's June exports exceeded analyst expectations, rising 2.8% from a year earlier, while imports fell by 6.1%.
That left the country with a trade surplus of $46.54 billion for the month, the General Administration of Customs said on Monday.
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However, imports slid much less than analysts had forecast, leading some to see a silver lining in the latest data.
China's June exports exceeded analyst expectations, rising 2.8% from a year earlier, while imports fell by 6.1%.
That left the country with a trade surplus of $46.54 billion for the month, the General Administration of Customs said on Monday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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