GenZ News

Article View

China's exports growth beats expectations in June as shipments to non-U.S. markets grow

37d ago
Business
CNBC
Business strategy
China's export growth surpassed forecasts in June, driven by a strategic shift towards non-U.S. markets. Despite a temporary easing of tariffs, businesses are increasingly directing shipments away from the United States. This suggests a continued effort to diversify trade partners and reduce reliance on the U.S. market amid ongoing trade tensions. The data indicates a resilient Chinese export sector adapting to the evolving global trade landscape.
Source