China's exports grew at a much faster pace than expected in June, while imports also registered a sharp increase, pointing to resilient external demand and stronger domestic consumption despite lingering global trade uncertainties.
Data released by China's customs authority on Tuesday showed exports rose 27% year-on-year in U.S. dollar terms in June, significantly outpacing the 19.4% increase recorded in May. The reading also exceeded economists' expectations of an 18.2% rise, according to a Reuters poll.
