China’s exports are expected to have maintained solid growth in July despite the new tariffs, revealed a Reuters poll of 37 economists ahead of a scheduled release of the latest trade balance data on Wednesday.
Key points:
“¢ July exports are predicted to have risen 10% year-on-year as compared to 11.2% growth in June.
“¢ Imports are expected to have risen 16.2% in July, picking up from 14.1% growth in June.
“¢ Overall trade surplus likely fell to $39.33 billion in July from $41.61 billion in June, marking the second-highest surplus of the year.
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