China’s exports in surprising surge in July, as strong trade recovery from coronavirus continued

China's export growth surged past expectations in July, with outbound shipments from the world’s second largest economy up 7.2 per cent from a year earlier in US dollar terms, data released by the Chinese Customs Administration on Friday showed.Imports contracted by 1.4 per cent from a year earlier, worse than analysts’ forecasts.A group of analysts polled by Bloomberg had forecast exports to fall by 0.7 per cent in US dollar terms, while imports were predicted to rise by 0.8 per cent.The surge…

from South China Morning Post https://www.scmp.com/economy/china-economy/article/3096403/chinas-exports-surprising-surge-july-strong-trade-recovery