Mohamed A. El-Erian(@elerianm):Striking Chinese trade data out this morning, including: Annual export growth jumped to 27% in June, up from 19% in May and well above the consensus forecast of 18%. This marks the fastest annual pace of export growth since October 2021. Shipments to the US continue to recover, climbing 14%. Exports to Europe rose 18%, while exports to Southeast Asia soared by 35%. Imports surged by 36%, the highest since June 2021, outpacing May’s 27%, and beating expectations of 24%. Remarkably, this growth occurred despite a 41% drop in oil imports. Trying to make sense of all this given what is happening in both the domestic and global economies! #economy #markets #china #trade

2026.07.14 12:55

Striking Chinese trade data out this morning, including: Annual export growth jumped to 27% in June, up from 19% in May and well above the consensus forecast of 18%. This marks the fastest annual pace of export growth since October 2021. Shipments to the US continue to recover, climbing 14%. Exports to Europe rose 18%, while exports to Southeast Asia soared by 35%. Imports surged by 36%, the highest since June 2021, outpacing May’s 27%, and beating expectations of 24%. Remarkably, this growth occurred despite a 41% drop in oil imports. Trying to make sense of all this given what is happening in both the domestic and global economies! #economy# #markets# #china# #trade#

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