China imports more and still exports a lot

Despite recent warnings, the chinese economy confirmed it's trade growth with a once again impressive figure in June. Imports show a sharp growth curb, sending a rare optimistic message for the world economy, but exports remain also -very - high. 

Chinese exports reached a two years peak in June. China maintain on a fast growth track. The growth rate, compared with same month the previous year, although slightly lower than in june, displays a commanding 43,9%.

The trade balance nevertheless declined as a consequence of the level of imports, whose growth in the last 12 months outpaced exports'.

As for the future, specialists remain cautious. They anticipate the consequences of the rise of the Yuan (although a mere rise of 6,78 to 6,83 Yuan for 1 US dollar) as well as of the crisis in the Euro zone.

European Union remains the first trade partner of China, ahead of the United States and japan. Trade with South East Asian countries recorded a sharp increase (+ 54,7% in June). Trade with Brazil also grew impressively (+60,3%).