Chinese Exports At Six Month Low
BEIJING, Aug. 10 (Xinhua) -- China's export growth slowed sharply to a six-month low in July on dwindling foreign demand, strengthening anticipation for weak trade performance for the whole year and more government action to support the economy.
Exports rose 1 percent year on year to 176.9 billion U.S. dollars in July, plummeting from the 11.3-percent growth seen in June and well below market expectations, the General Administration of Customs (GAC) said Friday.
Source: xinhuanet. Read full article. (link)
Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time.