Chinese exports increased at a faster-than-expected pace in June, while imports fell less-than-expected, official data showed Monday.
Exports rose 2.8 percent year-over-year in June, exceeding economists’ expectations for 1.0 percent growth.
Meanwhile, imports slid 6.1 percent in June from the previous year, much slower than the 15.5 percent sharp decline expected by economists.
The trade surplus of the country came in at $46.54 billion in June, smaller than the $56.7 billion surplus expected by economists. In May, the surplus was at $59.49 billion.
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