6 days ago
Metals Gain as China's Trade Data Shows Exports Accelerating
Base metals advanced in London as data pointed to surprising strength in China's overall export activity — an important driver of demand for industrial commodities in the world's second-biggest economy.
Growth in shipments from China unexpectedly accelerated in July even in the face of US tariffs imposed by President Donald Trump, as suppliers turned to alternative markets. The total value of exports jumped 7.2% from a year earlier, beating economists' forecasts for 5.6% growth.
