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China's July trade performance disappoints

Imports down 12.5 per cent, far larger than the expected 7.0 per cent fall

DISAPPOINTING FIGURES: Exports fell 4.4 per cent to US$184.7 billion - compared with expectations of a 3.5 per cent decline. July was the fourth month in a row that exports declined in dollar terms.


CHINA'S economy, the world's second largest, struggled in July with a worse-than-expected trade performance as imports plunged 12.5 per cent year-on-year, according to Customs.

Imports fell to US$132.4 billion, data on Monday showed, as weaker global commodity prices and...

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