China's Exports Likely To Be Resilient In H2 - Times

China’s foreign trade may build on the positive momentum recorded in the first half of the year, with net exports likely to contribute more to GDP in H2 than H1's 0.9pps, the Securities Times reported citing CASS Institute of World Economics and Politics research fellow Ni Yueju. Ni believes China will remain an attractive supplier of goods as its stable supply of raw materials and energy allows manufacturers to enjoy lower costs at a time of elevated global inflation. China is expected to expand exports into the ASEAN market to offset falling demand in developed economies. It should also benefit as demand for high energy consuming manufactured products is transferred to China while Europe is gripped by an energy crisis.