{"id":125598,"date":"2025-08-07T06:10:13","date_gmt":"2025-08-07T06:10:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/125598\/"},"modified":"2025-08-07T06:10:13","modified_gmt":"2025-08-07T06:10:13","slug":"exports-growth-beats-estimates-as-imports-recover","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/125598\/","title":{"rendered":"exports growth beats estimates as imports recover"},"content":{"rendered":"<p>A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. <\/p>\n<p>Costfoto | Nurphoto | Getty Images  <\/p>\n<p>China&#8217;s export growth in July sharply beat market expectations as the clock on a tariff truce with the U.S. keeps ticking, while imports rose to their highest in a year.<\/p>\n<p>Exports climbed 7.2% in July in U.S. dollar terms from a year earlier, <a href=\"http:\/\/www.customs.gov.cn\/customs\/302249\/zfxxgk\/2799825\/302274\/302275\/6031214\/index.html\" target=\"_blank\" rel=\"nofollow noopener\">customs data showed Thursday<\/a>, exceeding Reuters-polled economists&#8217; estimates of a 5.4% rise.<\/p>\n<p>Imports rose 4.1% last month from a year earlier, marking the biggest jump since July 2024, according to LSEG data. The data also indicated a recovery in import levels following June&#8217;s 1.1% rebound. Economists had forecast imports in July to fall 1.0%, according to a Reuters poll.<\/p>\n<p>On a year-to-date basis, China&#8217;s overall exports jumped 6.1% from a year earlier, while imports fell 2.7%, customs data showed. <a href=\"http:\/\/www.customs.gov.cn\/customs\/302249\/zfxxgk\/2799825\/302274\/302275\/6661554\/index.html\" target=\"_blank\" rel=\"nofollow noopener\">China&#8217;s trade surplus this year<\/a>, as of July, reached $683.5 billion, 32% higher than the same period in 2024.<\/p>\n<p>China&#8217;s exports have supported the economy &#8220;strongly&#8221; so far this year, said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management, cautioning that the momentum of businesses&#8217; shipment front-loading may soon fade.<\/p>\n<p>In July, China&#8217;s factory activity unexpectedly deteriorated to a three-month low with the official manufacturing purchasing managers&#8217; index falling to 49.3 from 49.7 in June, missing expectations for 49.7.<\/p>\n<p>The U.S. and Chinese negotiators have yet to strike an agreement that would keep the triple-digit tariffs at bay as the truce expires on Aug.12.<\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on&hellip;\n","protected":false},"author":3,"featured_media":125599,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8000,7998,133,64,81,135,67,132,68],"class_list":{"0":"post-125598","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-asia-economy","9":"tag-breaking-news-asia","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-markets","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114986000417304809","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/125598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=125598"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/125598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/125599"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=125598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=125598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=125598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}