China’s overseas shipments rose from a year earlier in June as global demand holds up and trade tensions with the U.S. are kept in check amid ongoing talks.
Exports rose 11.3 percent in June in dollar terms, the customs administration said Thursday. That compares with an estimate of 8.9 percent from a Bloomberg survey Imports increased 17.2 percent in dollar terms, leaving a trade surplus of $42.8 billion
Demand for Chinese products has proven resilient this year as global demand holds up. Tensions with the country’s largest trading partner also appear to be easing after 100-day trade talks due to end on July 16 have signaled some progress toward addressing the deficit run by the U.S.
Still, the world’s largest exporter faces challenges and uncertainties in the rest of 2017. After a solid start to the year, the economy has shown signs of weakening momentum, though stronger imports