China’s July trade data showed a sharp rebound, with exports and imports each rising about 25% year on year and the surplus reaching $112.5 billion. Michael Pet

BWB News TV • 2026-08-08 06:26 UTC • By Billy Odell Tucker-Robinson

China’s July trade data showed a sharp rebound, with exports and imports each rising about 25% year on year and the surplus reaching $112.5 billion. Michael Pettis said such figures would have seemed extraordinary five or six years ago.

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