China's trade balance registers in June a surplus higher than analysts' expectations, reaching 31,73 billion dollars (economists had predicted a figure of around 24 billion), above all thanks to the growth in exports.
The Asian giant's exports in fact increased by 11,3% on an annual basis to (expected figure +10,6%) while imports rose by a modest 6,3% well below expectations equal to +11%. The latter figure shows a worrying slowdown in the economy, a factor that unnerved Asian stock markets this morning, all of which appeared subdued.
