
Chinese mainland’s July trade surges despite tariff truce uncertainty
July data show the Chinese mainland’s exports and imports beating forecasts as tariff truce with the US nears expiry, signaling resilience and a rebound in domestic demand.
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July data show the Chinese mainland’s exports and imports beating forecasts as tariff truce with the US nears expiry, signaling resilience and a rebound in domestic demand.
The Chinese mainland’s goods imports and exports rose 2.5% in the first five months, highlighting resilience amid global shifts and new business opportunities.
The Chinese mainland’s total goods trade rose 5.6% in April, driven by a 9.3% jump in exports and signaling resilient growth amid global headwinds.
Chinese foreign trade enterprises pivot to domestic markets after US ends duty-free treatment for small parcels from the Chinese mainland and Hong Kong SAR.
The Chinese mainland’s foreign trade surged by 6.1% in H1 2024, reaching a record high of ÂĄ21.17 trillion ($2.9 trillion). Exports grew by 6.9%, and imports by 5.2%.