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
Comment on China's July exports rise despite coronavirus, US tariff war
NewsOK.com RSS - business >> !The Oklahoman, Daily Oklahoman: Business
Thu, 08/06/2020 - 5:58pm
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