China's July exports jump 17.8% as high-tech goods surge 50%

Summary

China's goods exports rose 17.8% year on year to 2.71 trillion yuan in July, with total trade up 19.2% to 4.66 trillion yuan, the fifth straight month above 4 trillion, customs data showed. High-tech exports including industrial robots and 3D printers climbed over 50%, pointing to resilient demand across ocean and air freight lanes out of Asia.