China's Exports Fell More Than Expected in July

2023-08-08 - Scroll down for original article

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China's exports fell more than expected in July, dragged by continued weakness in global demand, official data showed Tuesday. Outbound shipments dropped 14.5% from a year earlier in July, compared with the 12.4% decline in June, the General Administration of Customs said. The result was worse than the 12.0% fall expected by economists in a Wall Street Journal poll.