China Economy
A vendor puts price tag on the ear rings for sale at her store in Beijing, China on Wednesday, July 15, 2026.
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China has reported its exports slowed slightly in July from the month before despite strong growth in demand for high-tech electronics and vehicles. Customs data released Friday showed China’s trade surplus narrowed to $112.5 billion from $125.6 billion in June. Exports rose nearly 24% in July from a year earlier, while imports were up 27.5% year-on-year. Trade data show China has fully transitioned from providing mostly low-cost manufacturing to supplying vital machinery and components for advanced manufacturing. Exports of high-tech items surged nearly 41% in January-July from the same period the year before, while shipments of vehicles jumped 55%.
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