China Exports Rise More Than Forecast

China’s exports increased at a faster-than-expected pace in June, data from the General Administration of Customs showed Friday.

In dollar terms, exports climbed 11.3 percent year-over-year in June, faster than the expected rise of 9.5 percent.

Imports advanced 14.1 percent in June from a year ago, well below economists’ forecast for a growth of 21.3 percent.

The trade surplus totaled $41.61 billion in June versus the expected surplus of $27.72 billion.

The material has been provided by InstaForex Company – www.instaforex.com

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