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China's export increased more than expected

» Updated: 16 July 2024, 15:08

» Published: 07 June 2024

China's export increased more than expected
Photo: Chinatopix Via AP/TT

China's exports, valued in dollars, increased by 7.6% compared to the same month last year, according to statistics from the Chinese customs authority.

Economists had expected a 5.7% boost, Bloomberg writes.

Meanwhile, imports rose by 1.8%, which was significantly less than the expected 4.3%.

Weaker demand from Chinese households has led more producers to rely on export markets.

China's trade surplus came in at $82.6 billion in May.

TTT
By TTThis article has been altered and translated by Sweden Herald

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