Breaking | China’s exports accelerate in July as US trade truce provides boost

China’s exports continued to accelerate in July as companies rushed to front-load shipments before the country’s fragile trade truce with the United States was due to expire in August.

The world’s largest goods exporter saw outbound shipments rise by 7.2 per cent year on year to US$321.8 billion last month, according to customs data released on Thursday.

The figure was higher than the 5.8 per cent growth rate recorded in June and beat the 5.8 per cent growth forecast in a market survey by the Chinese financial data provider Wind.