Exports and imports surge on inflated commodity prices

China’s trade data surged in June. Per trade data released by the General Administration of Customs (GAC) on July 14:

Exports grew 27.0% y/y in June – the strongest reading since October 2021 Imports surged 36.0% y/y, faster than May's already strong 27.4% China's trade surplus hit USD 125.6 billio...