China’s Export Momentum Slows, Missing Expectations

China sent a trade envoy to Washington with a clear message: We’re willing to talk, but we’re not ready to make a deal.

China’s exports grew at a faster pace in July, surpassing expectations as global businesses await clarity on whether Beijing and Washington will extend their tariff truce ahead of an August deadline.

July figure reflects tenuous recovery from the wallop of Trump tariffs earlier this year, economists say, though trade overall remains weak.

The Chinese economy lost some momentum in July, backing the case for policymakers to snap out of wait-and-see mode and stimulate growth.

The country’s official gauges of economic activity weakened in July, signaling a potential economic slowdown after resilient growth in the first half of the year.

A 68% decline in shipping costs shows how retailers and manufacturers are pulling back on orders earlier than usual this year.

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