Chinaese exports fall 22.9 percent in July, imports down 14.9 percent
By APTuesday, August 11, 2009
Chinese exports, imports fall sharply in July
BEIJING — China’s government says the decline in the country’s exports and imports accelerated in July amid weak global consumer demand.
Tuesday’s report by the Chinese customs agency says exports were down 22.9 percent from a year earlier, while imports fell 14.9 percent.
That was a sharper decline than June’s contraction in trade.
China’s trade has been battered by a plunge in consumer demand for its goods amid the worst global downturn since the 1930s.
Filed under: Business, Economy
Tags: Asia, Beijing, China, East Asia, Greater China, International Trade
Tags: Asia, Beijing, China, East Asia, Greater China, International Trade
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