Bloomberg (August 8)
2023/ 08/ 08 by jd in Global News
“China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed on imports in a hit to the economic recovery.” Exports (dollar denominated) fell 14.5% while imports decreased 12.4%. Both figures “were worse than what economists polled by Bloomberg had expected.”
Tags: Bloomberg, China, Domestic pressures, Economic recovery, Economists, Exports, Global demand, Imports, Outlook, Plunged, Trade
