The decline in Chinese exports reflects the deteriorating trade relations between China and the Western world, while exports to Russia continue to grow. Read more >>Chinese exports, imports shrink more than expected in JulyChinese exports and imports in July were lower than anticipated, indicating a slowdown in the country's economy. China's July Trade Balance: Surplus expands as exports and imports fall more than expectedChina's trade surplus widened less than expected in June as exports slumped. China's July exports, imports fall much faster than expectedChina's exports fell 14.5% in July year-on-year, while imports contracted 12.4%, customs data showed on Tuesday, in the biggest decline in outbound shipments from the world's second-largest economy since February 2020. China's July exports fall 14.5% y/y, imports down 12.4%China's exports fell 14.5% in July year-on-year, while imports contracted 12.4%, marking the worst performance for outbound shipments since February 2020.

Source: Wall Street Journal August 08, 2023 10:23 UTC