China’s exports bounce back, but global risks darken trade outlook ...Qatar

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China’s exports bounce back, but global risks darken trade outlook
China’s exports rose at the fastest pace in five months in June as factories revved up after the lifting of Covid lockdowns, but a sharp slowdown in imports, fresh virus flare-ups and a darkening global outlook pointed to a bumpy road ahead for the economy. Analysts say the rebound in exports reflected an easing of supply chain disruptions and port congestion that hammered the world’s second-largest economy in spring when the government rolled out widespread lockdowns. Outbound shipments in June rose 17.9% from a year earlier, the fastest growth since January, official customs data showed on Wednesday, compared with a 16.9% gain in May and much more than analysts’ expectations for a 12.0% r

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