China’s June exports make ‘surprise’ surge, but questions linger over trade outlook

Source: China – South China Morning PostChina’s exports defied congestion at a key port to grow an unexpected 32.2 per cent in June to US$281.42 billion compared to the same period last year, while the easing of a global semiconductor shortage helped bolster electronics exports, new trade data showed on Tuesday.Exporters were able to redirect shipments from Yantian International Container Terminal – which is responsible for a tenth of China’s foreign container traffic – when it closed for three weeks due to a coronavirus outbreak…Read More

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