China’s exports grew by seven percent in July compared to the same month last year, according to new data released on Wednesday. In June, exports had increased by 8.6 percent. Economists surveyed by Reuters had actually predicted a further acceleration to 9.7 percent for July. Imports rose by 7.2 percent, after a 2.3 percent decline in June, also exceeding analysts’ expectations of a 3.5 percent increase.