China’s Export Growth Slows as Global Risks Cloud Outlook

08/09/2021

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John Liu, Lin Zhu | Bloomberg Law

China’s export growth slowed in July, adding to concerns the economy’s recovery will face fresh pressure in the second half of the year.

Exports grew 19.3% in dollar terms in July from a year earlier, while imports rose 28.1%, the customs administration said Saturday. That left a trade surplus of $56.58 billion for the month. Economists had forecast that exports would increase by 20% while imports would climb 33.3%.

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