Surplus keeps expanding, as exports soar

China’s Trade Balance for June, in Yuan terms, came in at CNY650.11 billion versus CNY455.04 expected and CNY502.89 billion last.

The exports jumped by 22% last month vs. 11.7% expected and 15.3% previous.

Imports rose by 4.8% vs. 2.8% prior.

more to come …

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