China’s foreign trade continues to grow despite economic challenges, with exports growing by 7% year-on-year and imports surging by 7.2%, the Chinese customs office in Beijing announced on Wednesday. The world’s second-largest economy recorded a 7% growth in exports in July compared to the previous year, down from 8.6% in June. After an unexpected decline in June, imports rose by 7.2%. The trade surplus was at $84.65 billion in July, lower than the previous month’s record high of around $99 billion. China’s exports to Germany rose by 9.1% compared to July 2023, while imports fell by 4.9%. Anal…