( ) -q-28- UNDATED (Correspondent Jeremy House) “billion in May.” China’s exports beat forecasts in June, while imports grew less than expected. [CutID: <Cuts> CHINA-EXPORTS-house-q-FRIam.mp3 Time: 28s Title: CHINA-EXPORTS-house-q-FRIam Out-cue: billion in May] TAG: Correspondent Jeremy House reporting. The growth in exports comes as China faces escalated trade tensions with the U.S. and Europe. The […]
Audio
China’s exports grow 8.6% in June, beating forecasts
( ) -q-28- UNDATED (Correspondent Jeremy House) “billion in May.”
China’s exports beat forecasts in June, while imports grew less than expected.
[CutID: <Cuts> CHINA-EXPORTS-house-q-FRIam.mp3
Time: 28s
Title: CHINA-EXPORTS-house-q-FRIam
Out-cue: billion in May]
TAG: Correspondent Jeremy House reporting. The growth in exports comes as China faces escalated trade tensions with the U.S. and Europe. The U.S. and Europe have ramped up tariffs on Chinese-made electric cars.
—————————
VERBATIM: Chinese customs data showed exports grew 8.6% from the same time last year to hit $307.8 billion. That beat estimates of about 7.4% to 8% growth. Imports, however, fell 2.3% from a year earlier to $208.8 billion. China’s strong exports for June led to its trade surplus widening to $99 billion, up from $82.6 billion in May.