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China’s exports unexpectedly surged in July, boosted by demand for lockdown goods overseas


China's export posted surprising surge in July, with outbound shipments up 7.2 per cent from a year earlier, driven by rising overseas demand for electronics, medical supplies and other goods to be used in coronavirus lockdowns.

Imports declined 1.4 per cent from a year earlier, missing analysts’ forecasts in US dollar terms, data released by the Chinese Customs Administration on Friday showed.

Analysts polled by Bloomberg had forecast exports to drop 0 . . .

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