FXI - China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a Rush by U.S. retailers
FXI - China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a Rush by U.S. retailers to beat anticipated tariff hikes turbocharged shipments. Overall exports rose 27% from a year earlier in U.S. Dollar value terms, the strongest since October 2021, customs data showed Tuesday, quickening from the 19.4% gain in May and sharply beat economists’ estimates for a 18.2% growth. CNBC
FXI - China’s trade growth accelerated far more than expected in June, as booming global demand for AI hardware and a Rush by U.S. retailers to beat anticipated tariff hikes turbocharged shipments.
Overall exports rose 27% from a year earlier in U.S.
Dollar value terms, the strongest since October 2021, customs data showed Tuesday, quickening from the 19.4% gain in May and sharply beat economists’ estimates for a 18.2% growth.
CNBC