China's July Exports Rise Despite Coronavirus, Us Tariff War

BEIJING (AP) — China's exports rose by an unexpectedly strong 7.2% in July as the world's second-largest economy recovered from the coronavirus pandemic. Sales to the United States jumped 12.5% despite a plunge in U.S. economic activity and a lingering tariff war with Washington, customs data showed Friday. Global exports accelerated from June's 3% gain and exceeded forecasts of little to no growth. “There is an overall improvement in exports in July from June, not just medical supplies which had previously been the main contributor,” said Iris Pang of ING in a report.Read more on NewsOK.com

Topics:  beijing ap     china   sales   united states   u.s    washington   global    there   iris pang   newsok   ing   july   june   china's   exports   coronavirus   tariff war   
BING NEWS:
  • China suspends tariffs on imported bottled Australian wine
    China is lifting import tariffs imposed on Australia's more than $650 million trade in bottled wine after almost four years during which it was effectively priced out of the Chinese market, Canberra ...
    03/28/2024 - 2:34 am | View Link
  • China's exports are opportunities, not threats to manufacturing jobs
    With a rebound in China's exports, Western media and politicians seem to have hyped up a new round of the "China threat" theory. That stems from the fear of a rise in China's strength, because ...
    03/13/2024 - 10:30 am | View Link
  • China's auto exports cruising in top gear
    China's auto exports maintained fast growth momentum, with a year-on-year increase of more than 30 percent during the first two months of this year, data from the China Association of Automobile ...
    03/12/2024 - 4:32 am | View Link
  • China’s Exports Are Surging. Get Ready for the Global Backlash.
    By Keith Bradsher Reporting from Beijing China’s factory exports are powering ahead faster ... are increasingly concerned that China’s rise is coming partly at their expense, and are starting ...
    03/11/2024 - 1:00 pm | View Link
  • China's exports beat forecasts, rise 7.1% in January-February
    China's exports in the two months were 7.1% higher than a year before, customs data showed on Thursday, beating a Reuters a poll that expected an increase of 1.9%. Imports were up 3.5% ...
    03/7/2024 - 12:15 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News