China's June trade surplus beats expectations at $125.62B; imports surge 36%, exports jump 27% on tariff rush

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China’s trade surplus widened to $125.62 billion in June 2026 from $113.89 billion in the same period last year, surpassing market expectations of $121 billion to register the second-largest monthly surplus on record. For the first half of 2026,

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China's trade deficit in June was $12.16 billion, surpassing market expectations of $12.1 billion. Exports in the month increased by 27% while imports rose by 36%.

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Due to increased exports, industries such as EVs and semiconductors are expected to grow. China is a major EV exporter and its export growth will likely boost the EV industry. Additionally, China is a significant semiconductor exporter and its growth in exports is expected to support the semiconductor industry.

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