China's Exports Soar Despite US Tariff Concerns
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China's June exports surged 5.8% year-on-year, exceeding forecasts, driven by strong non-US demand and a temporary easing of US tariffs. While exports to the US fell 16.1%, the decline slowed. Imports rose 1.1%, marking the first growth this year. Shipments to Southeast Asia and the EU significantly increased. Despite the positive June figures, economists warn of potential future export slowdown due to US tariff uncertainty.
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