Malaysia remains on track to reach its trade growth target for the year even as it expects the pace of expansion to moderate in the second half, according to Investment, Trade and Industry Minister Zafrul Aziz. https://t.co/cvd2pffuI0 ...

Investment Rating - The report indicates a positive outlook on China's trade growth, with exports and imports both showing unexpected increases in June [1][9][10]. Core Insights - China's trade growth accelerated in June, with exports rising by 5.8% year-over-year (yoy) and imports increasing by 1.1% yoy, surpassing consensus expectations [1][2][9]. - The rebound in US-bound exports is a significant factor, attributed to tariff reductions following US-China trade talks [1][9]. - The trade surplus reached a record high of US$114.8 billion in June, up from US$103.2 billion in May [1][3][9]. Summary by Sections Trade Growth - Year-over-year, exports increased by 5.8% in June compared to 4.8% in May, while imports rose by 1.1% compared to a decline of 3.4% in May [2][9]. - Sequentially, exports grew by 0.8% non-annualized in June, recovering from a decline of 0.7% in May, and imports increased by 0.9% non-annualized, up from a 6.0% decline in May [2][9]. Regional Analysis - Exports to the US rebounded significantly, while exports to the EU and some emerging markets declined [10]. - Chinese imports from the US saw the largest increase in June, while imports from Latin America and ASEAN fell [10]. Product Categories - Export values for automobiles and housing-related products rose, with automobile exports jumping by 23.1% yoy in June [11]. - Import values for energy goods and metal ores increased, although imports of semiconductors, automobiles, and agricultural products declined notably [12].