Chinese Exports Drop For Ninth Straight Month In July

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Tuesday, the Customs Bureau said in a report that Chinese exports declined for the ninth consecutive month in July. Exports were down 23% in July from the same period of the prior year, following June's 21.4% decline. Meanwhile, imports dropped 14.9%, larger than the 13.2% decrease seen in June.

Exports totaled US$105.4 billion and imports stood at US$94.8 billion, resulting in a surplus of US$10.6 billion.

Tuesday, the Customs Bureau in a report said that Chinese exports declined for the ninth consecutive month in July. (Market News Provided by RTTNews)