China's trade surplus declines to $43.03 billion in July

Noticias del mercado

10 agosto 2015

China's trade surplus declines to $43.03 billion in July

The Chinese Customs Office released its trade data on Saturday. China's trade surplus fell to $43.03 billion in July from $46.54 billion in June, missing expectations for a rise to a surplus of $53.25 billion.

Exports fell at an annual rate of 0.9% in July, while Imports slid at an annual rate of 14.6%, the ninth consecutive decline.

China's trade with the European Union declined by 7.6% year-on-year in the first seven months to 1.98 trillion yuan.

Trade with Japan plunged 11.1%, while trade with the US increased 2.7%.

European stock markets mid session: stocks traded mixed as shares of miners declined on the weak Chinese economic data

Bank of France expects the country’s economy to expand at 0.3% in the third quarter

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