HONG KONG — China’s export machine kept humming in June, as front-loading and trade diversion to other countries helped cushion the blow from U.S. President Donald Trump’s tariff war on the world’s second-largest economy.
Outbound shipments rose 5.8% from a year ago to $325 billion in June, up from a 4.8% expansion in May, driven by growing demand from ASEAN and the European Union, despite further sharp declines in direct exports to the U.S., according to data released by China’s customs office on Monday.
