Chinese exports have seen a further decline in July, adding to concerns over the global economic outlook.
Exports fell by 4.4 percent compared to a year earlier, which was a slight improvement over June’s 4.8 percent drop but still worse than analysts had been expecting.
Imports were also weaker than estimated, down by 12.5 percent.
As China is a crucial driver of the worldwide economy, the data is seen as a snapshot of the global outlook.
Global uncertainty ranging from low commodity prices to the EU debt crisis and the UK leaving the bloc continues to mute economic activity around the world.
Chinese Trade Drop Adds To Global Economic Woes
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