Overview

• China's trade surplus reached a record $99 billion in June, driven by strong export growth and declining imports.
• Exports grew at their fastest rate in 15 months, with significant increases in car, semiconductor, and household electronics sales.
• Weak domestic demand led to a 2.3% drop in imports, reflecting cautious consumer behavior and economic uncertainty.
• Analysts warn that the sustainability of export growth is at risk due to rising global trade protectionism and geopolitical tensions.
• Calls for further government stimulus are growing as China aims to achieve its 5% economic growth target for the year.