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Tags: China | Trade

China's Trade Rises as Economy Recovers from Virus Downturn

Tuesday, 14 July 2020 12:38 AM EDT

BEIJING (AP) — China’s imports of U.S. goods rose 10.6% in June over a year earlier and its global trade also increased in a fresh sign the world’s second-largest economy is gradually recovering from the coronavirus pandemic.

China’s global imports rose 3% to $167.2 billion, while exports edged up 0.4% to $213.6 billion, customs data showed Tuesday. The global trade surplus was $46.4 billion.

Imports of American goods increased to $10.4 billion despite higher tariffs imposed in a fight with Washington over trade and technology. Exports to the United States gained 1% to $39.8 billion.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
China's imports of U.S. goods rose 10.6% in June over a year earlier and its global trade also increased in a fresh sign the world's second-largest economy is gradually recovering from the coronavirus pandemic. China's global imports rose 3% to $167.2 billion, while exports...
China,Trade
94
2020-38-14
Tuesday, 14 July 2020 12:38 AM
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