China emerges from trade chaos with record exports, surplus

News Snapshot:

Beijing | China ended the first half of the year with a record trade surplus of about $US586 billion ($893.2 billion) after exports to the US began to stabilise, as factories rode out the tariff rollercoaster that upended global commerce. Exports rose 5.8 per cent in June from a year earlier to $325 billion, exceeding the median estimate in a Bloomberg survey of analysts. Imports rose 1.1 per cent to grow for the first time since February, according to data from the General Administration of Customs on Monday. Loading... Bloomberg