China's Exports Beat Forecasts, But Imports Shrink, Raising Concerns of Trade Imbalances and Tariffs
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#82a19eb3 ver:0.62
China's exports beat forecasts, growing 8.6% in June, but imports unexpectedly shrank by 2.3%, raising concerns about weak domestic demand. The trade surplus reached a record-breaking $99 billion, highlighting China's dominance in global trade. However, the miss on imports may impact exports in the coming months, especially as major trade partners impose tariffs. China's economy faces risks of trade imbalances and tariffs, impacting global supply chains and economic growth. #China #Trade #Tariffs #Economy...
#newstr #China #Exports #Imports #TradeTariffs #DomesticDemand #TradeSurplus #SteelExports #EconomicGrowth
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