China July exports slow down
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Beijing, Aug 10 (IANS) China's exports rose 1 percent year-on-year to $176.9 billion in July, slowing sharply from the 11.3 percent in June, authorities said Friday.
The figure was well below market expectations and reached a six-month low, reported Xinhua citing the General Administration of Customs.
Imports increased 4.7 percent year-on-year to $151.8 billion, compared with a growth of 6.3 percent in June.
Trade surplus narrowed 16.8 percent year-on-year to $25.2 billion in July, according to the GAC data.
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