India, July 14 -- China's exports growth accelerated sharply in June, driven by robust demand for hi-tech products, suggesting that foreign demand provided momentum to economic growth in the second quarter.
Exports advanced 27.0 percent on a yearly basis after rising 19.4 percent expansion in May, the General Administration of Customs said Tuesday. The growth exceeded the expected pace of 18.2 percent.
Similarly, imports reported a double-digit annual growth of 36.0 percent, up from 27.4 percent in the previous month. The growth hit the strongest since June 2021. Economists had forecast imports to climb 24.0 percent.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RT...