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China's Exports Rebound in Q1, But Sustainability Questioned Amid Diversification Efforts by Trading Partners /
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2024-07-13 18:07:50

China's Exports Rebound in Q1, But Sustainability Questioned Amid Diversification Efforts by Trading Partners on Nostr: Mixed China Trade Data Shows Uneven Economic Recovery Continues =============== ...

Mixed China Trade Data Shows Uneven Economic Recovery Continues
===============
#82a19eb3 ver:0.59

China's trade data for June reveals a mixed economic recovery. Exports grew at their fastest in 15 months, while imports unexpectedly shrank. The trade surplus reached a record high. However, concerns remain about weak domestic consumption and the sustainability of export growth due to global trade protectionism. Surveys show a steady but modest growth in the manufacturing sector, but declining business confidence and a slowdown in services activity. Economists forecast a GDP growth slowdown in Q2. The Chinese government aims to boost the economy amidst a real estate crisis and escalating trade tensions. #ChinaTrade #EconomicRecovery #Exports #Imports #GDPGrowth...

#newstr #China #TradeData #EconomicRecovery #Exports #Imports #TariffHikes

https://here.news/story/82a19eb3?ver=0.59
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