China city Beijing Usa Washington virus pandemic economy Coronavirus China city Beijing Usa Washington

China's trade rises as economy recovers from coronavirus slump

Reading now: 815
www.livemint.com

BEIJING : China’s imports of U.S. goods rose 10.6% in June over a year ago and its global trade also increased in a fresh sign the world’s second-largest economy is gradually recovering from the coronavirus pandemic.China’s global imports rose 3% to $167.2 billion, rebounding from May’s 3.3% decline, customs data showed Tuesday.

Exports edged up 0.4% to $213.6 billion, an improvement over the previous month’s 16.7% contraction.The country’s global trade surplus was $46.4 billion.Imports of American goods increased to $10.4 billion despite higher tariffs that were imposed in a fight with Washington over trade and technology.

Read more on livemint.com
The website covid-19.rehab 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.

Related News

DMCA