China’s export engine offsets domestic impact from the Iran war

🇨🇳 Egypt Independent (CN) —

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China's export growth reached 27 percent in June, helping offset economic impacts from ongoing conflict in the Middle East. This boost supports China's position as the world's second-largest economy amid a global tech boom and geopolitical tensions.

Strong Chinese exports have helped buoy the world’s second-largest economy, which is capitalizing on a global tech boom amid economic strain from ongoing conflict in the Middle East. June exports rose 27 percent compared to a year earlier, according to customs data released Tuesday, the largest percentage gain in four months. The increase, which exceeded … The post China’s export engine offsets domestic impact from the Iran war appeared first on Egypt Independent.

World Conflict Politics Markets China exports Iran war economic growth Middle East conflict customs data

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