2023-07-13 06:41:23
Beijing – Chinese foreign trade collapsed in June. As the customs authority in Beijing announced on Thursday, exports fell by 12.4 percent year-on-year to around 285 billion US dollars (256 billion euros). The imports of the second largest economy fell by 6.8 percent to around 215 billion dollars. Both values were even worse than expected by analysts. Foreign trade had already cooled off increasingly in the previous months.
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