China’s trade surplus grew to $22.3B in June, way above estimates of $14.2B and May's...

|By:, SA News Editor

China’s trade surplus grew to $22.3B in June, way above estimates of $14.2B and May's $13.1B. The jump was due to imports rising at their slowest pace since 2009 and adds to the cash flooding the economy. This complicates efforts to control inflation, which hit a 3-year high of 6.4% last month.