China trade activity slows amid sluggish demand
China’s exports and imports have fallen more than expected by analysts, fresh figures from the customs administration have shown.
Latest in Tag: China trade Highlight
Latest in Tag: China trade
China trade performance slumps
China has logged worse-than-expected trade figures for July, with both exports and imports falling sharply. The world’s second-largest economy is feeling the pinch of lackluster domestic demand and mounting debt.
China trade falls on weaker yuan and global demand
Chinese imports and exports in dollar terms dropped sharply in June as the country’s currency depreciated against the US currency. Falling commodities prices and weakening domestic demand also played a role.