BEIJING ( TheStreet) -- China's trade surplus ballooned to an 18-month high of $28.7 billion in July as slowing economic growth hit imports.China's customs bureau said exports rose 38.1% last month to $145.5 billion while imports climbed 22.7% to $116.8 billion. Forecasts called for exports to grow 35.5% in July and for imports to rise 30%.
China Trade Surplus Widens
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