Global Market: China's upbeat trade data lifts hopes for export-linked stocks

China's June trade data significantly beat expectations, with exports rising 27 percent year-on-year in U.S. dollar terms versus the 19.4 percent increase in May and forecasts of 18.2 percent. Imports climbed 36 percent from a year earlier, accelerating from May's 27.4 percent growth and well above the 24 percent estimate. The stronger-than-expected figures point to resilient global demand for Chinese goods and improving domestic activity, likely lifting sentiment for export-linked stocks, industrial firms, shipping companies and broader Asian markets including India.