Today news
About the same in other media
22.08 - 11:07
China’s Export Growth Stays Unexpectedly Robust, Offsetting Broader Weakness
Reading now: 960
HONG KONG—China’s export machine remained surprisingly resilient in July following a strong bounceback from the spring’s harsh Covid-19 restrictions, defying again predictions of softening global demand for Chinese-made goods.
Chinese shipments to the rest of the world rose to $332.9 billion in July, China’s General Administration of Customs said Sunday, an 18% increase compared with a year earlier. The reading beat a median forecast of 15.6% growth among economists polled by The Wall Street Journal. July’s year-over-year growth rate represents an acceleration from the 17.9% pace in June.
Read more on wsj.comAbout this in other media
Oil prices fall on weaker growth in China and property downturn theguardian.com /2 years ago
China Growth Slows Across All Fronts in July, Prompting Unexpected Rate Cut wsj.com /2 years ago
China’s economy slows unexpectedly as Covid outbreaks and property crisis bite theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Assessing the odds of Polkadot [DOT] sustaining its growth](https://finance-news.co/storage/thumbs_400/img/2022/8/10/36618_t86.jpg)
