Better than expected Chinese exports in July 2025.Exports +7.2% y/yexpected +5.4%, prior 5.8%Imports +4.1% y/yexpected -1.0%, prior +1.1%Trade balance is a surplus of 84.2bn USDexpected 105bn, prior 114.8bnExports to the US are down 21.6% y/y in July, but of course trans shipments are hidden in these numebrs These are still solid figures from China. --For the YTD number, January - July:exports +6.1% y/yimports -2.7% y/ytrade balance a whopping 683.5bn USDYTD exports to the US are down 12.6% y/y (but of course trans shipment is difficult to discern and there is plenty going on) while imports down 10.3% y/y--The yuan is not doing much on the data release, USD/CNH just a few tics up circa 7.1840 This article was written by Eamonn Sheridan at investinglive.com.