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China's exports beat expectations in June as businesses continued to rush out shipments to capitalize on a temporary tariff reprieve ahead of an August deadline.Exports jumped 5.8% in June in U.S. dollar terms from a year earlier,
Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends - and hopes he can avoid awkward encounters with colleagues.
SINGAPORE] The divide between technology and non-technology exports growth in Asia is set to widen even further, according to a Jul 11 report from Nomura. Read more at The Business Times.
Following the release of China's first-half economic data, major foreign financial institutions, including UBS, Morgan Stanley, Goldman Sachs, and Nomura, have revised up their 2025 full-year GDP growth forecasts for China,
China's export growth likely edged higher in June, buoyed by exporters rushing to front-load shipments on fears that a fragile trade truce with the United States could unravel and see President Donald Trump reinstate extra tariffs on Chinese goods.
China’s export growth accelerated for the first time since March, driven by a reduction in US tariffs and robust demand from key overseas markets.
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of stimulus measures from Beijing.