CHINA

Imports, Exports Find Balance: A renewed export push has whittled away at China’s worrying trade deficit, bringing imports and exports into rough balance in the first seven months. The official New China news agency last week said exports in the January-July period surged by 31.2% from a year earlier to $58.74 billion. Imports grew at 19% to $58.81 billion, outstripping exports by just $70 million and boosting overall trade by 24.8% to a new high of $117.55 billion, the news agency said. July exports grew by 35.7% to $10.35 billion, and imports rose only 9.7% to $9.62 billion.