By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start to drag on shipments in coming months. Exports rose 18.0% in July from a year earlier,…
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start to drag on shipments in coming months. Exports grew 18.0% in July from a year earlier,…
BEIJING (Reuters) – China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as it struggles to recover from a sharp, COVID-induced slump, though imports remained sluggish. Outbound shipments grew 18.0% in July from a year earlier, the fastest pace this year, official customs data showed on Sunday, compared…
