China reports strong export and import growth in July
China reports strong export and import growth in July
Chinese exports and imports soared in July, official data showed Friday, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its tech products.
Exports climbed 23.9 percent year-on-year last month, the General Administration of Customs (GAC) reported. Imports increased 27.5 percent, though that was down from the 36 percent surge seen in June.
