20.2 C
New York
June 28, 2025
Asia Pacific Business China Chinese economy Economics International trade news World news

China posts record trade surplus as foreign importers rush to beat tariffs

China posts record trade surplus as foreign importers rush to beat tariffs

The $99bn figure comes as data shows exports growing at fastest rate in 15 months while imports fell

China posted a record $99bn (£76.4bn) trade surplus last month amid signs of importers bringing forward orders to beat higher tariffs on goods from the world’s second biggest economy.

The latest official figures from Beijing showed exports growing at their fastest rate in 15 months, while the weakness of China’s domestic economy resulted in falling imports.

Continue reading…

Related posts

Zimbabwe to go to polls amid deepening economic crisis

TheWorldsNews

South Africa president to mount legal action in face of impeachment threat

TheWorldsNews

Businessman who tried to buy Sheffield United accused of ‘elaborate’ fraud

TheWorldsNews

Pin It on Pinterest

Share This