China has reported its exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of a truce in President Donald Trump's trade war with Beijing.

Despite Washington and Beijing locking horns many times this year, China’s economy has remained mostly unshaken. According to data released on Thursday, the nation's exports surged 7.2% in July from a year earlier,

Pause in trade hostilities and reduced levies to expire next week as Trump imposes latest sweeping global measures