China's exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.
Customs data released Thursday showed imports slid 6.8% to $214.7 billion. Exports edged up slightly from the month before, totaling $285.3 billion. The trade surplus was $70.2 billion, rising from $65.8 billion in May.
