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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

Published Mon, Aug 8, 2016 · 09:50 PM

Beijing

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 lacklustre domestic demand weighed on purchases.

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International

International

China's July trade performance disappoints

International

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Central banks will probably only cut half as much as they hiked

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