China’s Exports Rise in Another Sign of Stabilizing Economy

China’s exports rose for the first time in four months in June, providing fresh evidence that growth is stabilizing ahead of gross domestic product data this week.

Overseas shipments rose 2.1 percent from a year earlier in yuan value, the customs administration said in Beijing on Monday, exceeding the median estimate in a Bloomberg survey for 1.2 percent growth. Imports dropped 6.7 percent, narrowing from the fall of 18.1 percent previously reported in May, leaving a trade surplus of 284.2 billion yuan ($45.8 billion).