China posts first import growth since pandemic, exports also up – ZAWYA

China posts first import growth since pandemic, exports also up – ZAWYA

China posts first import growth since pandemic, exports also up | ZAWYA MENA Edition HomeEconomyGlobalArticleChina posts first import growth since pandemic, exports also up June trade balance $46.42bln vs $62.93bln in May    Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. BEIJING - China's imports in June rose for the first time since the coronavirus crisis paralysed the economy this year, as demand for commodities surged on the back of government stimulus, while exports also rose in a sign the recovery is gaining traction.Beijing has doled out aggressive stimulus to support domestic demand even as a resurgence in coronavirus infections around the world has raised questions about the strength of a rebound in global economic activity.China's imports in June rose 2.7% from a year earlier, customs data showed on Tuesday, confounding market expectations for a 10% drop. They had fallen 16.7% the previous month.Beijing has doled out aggressive stimulus to support domestic demand even as a resurgence in coronavirus infections around the world has raised questions about the strength of a rebound in global economic activity.BEIJING - China's imports