China’s July exports climb 23.9% y/y, imports up 27.5%

BEIJING, Aug 7 (Reuters) – China’s exports in ​July ‌expanded 23.9% from a year earlier in ‌U.S. ​dollar ⁠value terms, slowing ⁠from a 27% surge the previous ​month, while imports ⁠rose 27.5%, ⁠customs data ​showed on ​Friday.

Export growth beat a 22.2% ‌rise forecast in a Reuters ⁠poll. Imports were expected to have ⁠gained ‌27.9%, ⁠after a ​36% ‌jump in ​June.

(Reporting by ⁠Yukun Zhang and Ryan Woo; Editing by Jacqueline ​Wong)