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11th Jul 2024 09:32China+Daily Monitor

  • China’s exports continued to recover in June, while imports fell, leading to a record trade surplus.
  • Shipments to ASEAN were strong, and to the US also picked up; falling imports signal weak demand.
  • Near-term exports will be helped by a favorable base; EV export uncertainty due to tariffs will linger.

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Keywords for: 15 July 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence