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China's Exports Likely Remain Robust In H2-Journal

CHINA PRESS
MNI (Singapore)

China’s exports are expected to maintain growth in the second half of the year, following the double-digital increases in H1, the China Securities Journal reported in the front-page citing analysts. By mid-July, the foreign trade cargo throughput of key ports monitored by China Ports increased by 5.9% y/y, 4.8 percentage points faster than the previous period, the newspaper said. At present, the U.S.’s domestic consumer demand is relatively good, with low inventories for automobile and auto parts as well as apparel, and demand from ASEAN countries, will drive up demand for Chinese upstream products, such as electromechanical intermediates, the newspaper said citing analysts.

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