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China’s exports down -14.5% yoy in Jul, shipments to ASEAN down -21.4% yoy

China’s exports down -14.5% yoy in Jul, shipments to ASEAN down -21.4% yoy
July saw a sharper-than-expected contraction in China’s exports, with decline of -14.5% yoy to USD 281.76B. This marked the steepest drop since February 2020 and exceeded market expectations, which had forecasted a decline of -12.5% yoy. Concurrently, imports also took a hit, plunging by -12.4% yoy to USD 201.16B, much steeper than anticipated -5% yoy […] The post China’s exports down -14.5% yoy in Jul, shipments to ASEAN down -21.4% yoy appeared first on Action Forex... Read More
Posted: Aug 8 2023, 05:34
Author Name: actionforex
Views: 112235

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