CHINA’S DOLLAR-DENOMINATED EXPORTS IMPORTS SURGED IN JUNE

Highlights:

• Dollar-denominated export imports in China have surged in June as the restrictions eased and the countries are reopening their economies.
• The data reveal that exports has surged by 0.5% as compared to a year ago while the imports surged by 2.7% in the same period.
• The exports have been declined by 3.3% in May while the imports have slumped by 16.7% in May.

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