China's Exports Beat Forecasts, But Imports Shrink, Raising Concerns of Trade Imbalances and Tariffs
===============	
#82a19eb3 ver:0.61

China's exports beat forecasts, growing 8.6% in June, but imports unexpectedly shrank by 2.3%, raising concerns about weak domestic demand. China's trade surplus reached a record-breaking $99 billion, highlighting its dominance in global trade. However, the miss on imports may impact future exports. Trade tensions and imbalances could impact global supply chains and economic growth. China's economy shows mixed outlook with steady but modest growth and declining business confidence. The manufacturing sector is performing well, but services activity expanded at the slowest pace in eight months. China's economists forecast a slowdown in GDP growth to 5.1% in Q2. The sustainability of strong exports is a major risk for China's economy in the second half of the year. #China #Trade #Economy...

#newstr #China #Exports #Imports #Tariffs #TradePartners #TradeSurplus #GlobalSupplyChains #EconomicGrowth 

 https://here.news/story/82a19eb3?ver=0.61