China July exports rise 3.3%; imports decline by 5.6%
Analysts forecast trade to remain under pressure with a new round of US tariffs expected from Sept 1
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Beijing
CHINA'S exports and imports came in better than expected in July, but analysts said that trade will remain under pressure as a new round of US tariffs is expected from Sept 1.
July exports rose 3.3 per cent from a year earlier, the fastest growth rate since March; while imports continued to decline, but at a slower monthly pace than in June, declining by 5.6 per cent.
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