A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025.
Costfoto | Nurphoto | Getty Images
China’s exports growth in July sharply beat market expectations as the clock on a tariff truce with the U.S. keeps ticking, while imports rose their highest jump in a year.
Exports climbed 7.2% in July in U.S. dollar terms from a year earlier, customs data showed Thursday, exceeding Reuters-polled economists’ estimates of a 5.4% rise.
Imports rose 4.1% last month from a year earlier, accelerating the 1.1% rebound in June in its first growth this year. Economists had forecast imports to fall 1.0%, according to a Reuters poll.
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