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China: record surplus of 101 billion in July, exports + 18%

2022-08-07T04:25:22.659Z


China recorded a new record in July for trade surplus, which rose to 101.26 billion dollars, compared to 55.89 billion in the same month of 2021 and over 90 billion expected by the market. (HANDLE)


(ANSA) - BEIJING, 07 AUG - China recorded a new record in July for the trade surplus, which rose to 101.26 billion dollars, against 55.89 billion in the same month of 2021 and over 90 billion expected by the market.

According to data released by Chinese Customs, exports hit a jump of 18% (the largest step in the last 6 months with the easing of anti-Covid lockdowns), better than the 15% consensus of analysts and 17.9% in June .

Imports, on the other hand, rose by just 2.3%, less than the expected 4% and just over 1% in June.

(HANDLE).


Source: ansa

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