What was the growth rate of China's exports in June?

China's exports grew by 5.8 percent year-on-year in June.

How did China's June export performance compare to market forecasts?

China's June export growth of 5.8 percent exceeded the 3.6 percent increase forecast by market surveys.

What factor contributed to the acceleration in China's outbound shipments in june?

Exporters expedited shipments due to a 90-day tariff truce.

What was the total value of China's exports in June?

China's outbound shipments reached US$325.2 billion in June.

How did China's May export growth compare to June's figures?

May saw a reported 4.8 percent rise in exports, which was lower than the 5.8 percent growth recorded in June.

China’s Exports Surge in June amid Tariff Truce, Exceeding Expectations

By World Today News Staff

July 8, 2024

China’s export sector demonstrated a notable acceleration in June, with outbound shipments rising by 5.8 percent year-on-year. this robust performance surpassed market forecasts, which had predicted a more modest 3.6 percent increase.

The world’s leading merchandise exporter shipped goods valued at US$325.2 billion during the month. This figure represents a critically important uptick from the 4.8 percent growth observed in May.

Analysts attribute this surge to exporters capitalizing on a 90-day tariff truce. this temporary agreement likely encouraged businesses to expedite their shipments to take advantage of favorable trade conditions.

The positive export data offers a glimpse into the resilience of China’s manufacturing and trade capabilities. Understanding these trends is crucial for global supply chain analysis and international economic outlooks.

For further insights into global trade dynamics,explore reports from the World trade Organization. Additional context on economic indicators can be found at the

July 14, 2025 0 comments

US and China Restart trade Talks, Hint at Easing Tech Export Restrictions

High-level economic discussions have begun between the United States and China in London, perhaps signaling a thaw in trade tensions. A White House official suggested the U.S. might relax certain technology export limitations, contingent on China increasing its rare earth mineral exports.

US Signals Easing of Tech Export Restrictions

Shortly after the talks commenced, a senior White House official indicated that the U.S. is considering easing some restrictions on technology exports to China. This move is reportedly linked to expectations that China will increase its exports of rare earth minerals to the American market.

Did you know? Rare earth elements are essential in manufacturing electronics, renewable energy technologies, and defense systems. China controls a notable portion of the global rare earth supply chain.

High-Level Delegations Meet in London

the discussions involve prominent figures from both nations. The Chinese delegation is headed by Vice-Premier He Lifeng, while the U.S. team includes Treasury Secretary Scott Bessent, Commerce Secretary howard Lutnick, and Trade Representative Jamieson Greer, according to Xinhua news agency reports.

“Handshake” Deal Anticipated

Kevin Hassett, director of the National Economic Council at the White House, spoke with CNBC, outlining the U.S. expectations. Hassett stated that “immediately after the handshake, any export controls from the US will be eased, and the rare earths will be released in volume, and then we can go back to negotiating smaller matters.”

Pro Tip: Keep an eye on the specific technologies affected by these export control changes, as they could impact various industries.

Potential Turning Point in US-China Relations

An agreement to ease controls on critical minerals and advanced technologies could represent a significant shift in the economic and technological rivalry between the two global powers. Such as, in 2023, trade between the U.S.and China amounted to $688 billion, highlighting the economic importance of their relationship (U.S. Census Bureau).

Concerns Over military Applications

In recent years, the U.S. has placed restrictions on China’s access to advanced technologies like semiconductors, artificial intelligence, and manufacturing, citing concerns about their potential use in bolstering China’s military capabilities.

Reader Question: How do you think easing export controls will affect the balance of power between the U.S. and China?

When questioned about these concerns, Hassett clarified: “It depends, like the very, very high end Nvidia stuff is not what I’m talking about. I’m talking about possible export controls on other semiconductors, which are also very important to them”.

Tariff truce

China Exports Surge: June Growth Beats Forecasts Amid US Trade Truce