Chinese exports and trade July 2011

Indonesia stock info - Chinese exports and trade July 2011 ; China’s trade surplus shot up to $31.5bn in July – the biggest in more than two years – on the back of surprising export strength, signalling that the global economy is more resilient than investors have feared in recent weeks.

But the widening of the trade surplus, up from $22.3bn in June, could also reignite foreign criticism of Beijing’s policy of holding down the value of its currency.

Chinese exports rose 20.4 per cent in July from a year earlier, faster than June’s 17.9 per cent pace, while imports increased 22.9 per cent in July, up from 19.3 per cent in June, the customs administration said in a statement.

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