China’s June trade surplus hits $126B, beats forecasts

China's June trade surplus reached $126B, surpassing all forecasts. This robust result boosts economic confidence and may reduce fears of GDP growth falling below 1.0% in 2026. According to Bloomberg, exports surged while imports grew at their fastest rate in five years. These figures indicate strong trade momentum, providing a positive outlook for the economy as both export and import activities showed significant increases during the month, beating previous market expectations.