China's Exports Slow. A Warning Signal To The Economy?!

  • Beijing, People's Republic of China
  • 8 August 2024
1

China's export growth unexpectedly slowed in July, suggesting slowing global demand that was supporting growth in the world's second-largest economy.

Exports rose 7 percent in July in dollar terms, compared with a year earlier, below economists' median forecast for a 9.5 percent increase, according to data from the customs administration. Imports beat expectations and expanded 7.2 percent, narrowing the trade surplus to $84.65 billion from the previous month.

Source (Al Arabiya.net Website, Edited)

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