China Economics：Dip in Exports and Jump in Imports Likely Transitory

M August 7, 2024 06:30 AM GMT China Economics | Asia Pacific Dip in Exports and Jump in Imports Likely Transitory July's exports were likely disrupted by weather, while the jump in imports may also be a one-off. One print does not establish a trend: we still see resilient exports with a soft landing as the global base case, while imports remain soft amid reactive easing. Key Takeaways July's exports may be partly a hiccup from the extreme weather, with a large decline in the more susceptible labor-intensive ...