Growth in Chinese exports and imports was higher than expected in July, representing a sharp recovery from the previous month. Exports rose 5.1% compared with a year earlier, while imports gained 10.9%.
The rises were large swings from June’s figures, which showed exports had fallen 3.1% and imports had dropped 0.7%. Last month, the government repeated its 7.5% economic growth target for this year, after expansion slowed in the second quarter.