China’s trade growth accelerated sharply in June, with exports rising 27.0% year-on-year in US dollar terms, up from 19.4% in May and well above expectations of 18.2%. Imports also strengthened markedly, climbing 36.0% from 27.4% previously and beating forecasts of 24.0%. The stronger-than-expected performance lifted the trade surplus to USD 125.6B from USD 105.4B, underscoring […]The post China Trade Data Crushes Forecasts as Exports and Imports Accelerate in June appeared first on ActionForex.