Chinese exports rose 5.8 per cent year on year in dollar terms in June, beating expectations as companies used a tariff truce with the US to ship goods ahead of an August deadline for a more definitive deal.
The strong trade figures released on Monday came ahead of this week’s GDP data for the second quarter that is also expected to please Beijing, as policymakers seek to stimulate a weak domestic economy while navigating geopolitical turmoil.
But the first-half trade data could sway the Trump administration to tighten its tariff noose on China and the south-east Asian countries that it accuses of permitting transshipment, or rerouting Chinese goods to the US.
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