China's exports surprisingly jump 7.2% in July, driven by soaring demand for medical supplies, despite Trump's 'tech grenade' 2020
China's exports surprisingly jump 7.2% in July, driven by soaring demand for medical supplies, despite Trump's 'tech grenade' 2020
Xinhua News Agency / Getty
China's exports rose 7.2% in July thanks to soaring demand for medical supplies and automobiles as COVID-19 restrictions relax around the world, data showed on Friday.
Analysts had expected exports to decline by 0.6%.
However, it is unlikely that a steady surge in foreign demand for China's exports will continue as COVID-19 clusters have emerged since the end of July,…
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