China Rides Out Tariff Rollercoaster, EU Retaliation Pause, Bitcoin Pops | Bloomberg The Pulse 07/14
Lucian Nemoiu
China ended the first half of the year with a record trade surplus of about $586 billion after exports to the US began to stabilize, with factories riding out the tariff rollercoaster that upended global commerce. Exports rose 5.8% in June from a year earlier to $325 billion, exceeding the median estimate in a Bloomberg survey of analysts. Imports rose 1.1% to grow for the first time since February, according to data from the General Administration of Customs on Monday. While US tariffs on
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