China Trade Rebounds in Further Sign Economy Stabilizing

China’s exports and imports rebounded by more than estimated last month, adding to signs that the economy is stabilizing following a two-quarter slowdown.

Shipments abroad rose 5.1 percent from a year earlier, the General Administration of Customs said in Beijing today. The median estimate was for a 2 percent increase in a Bloomberg News survey, after June’s 3.1 percent drop. Imports gained 10.9 percent, leaving a trade surplus of $17.8 billion.