View full page at forexfactory.com

 

China’s import and export volume exceeds 14 trillion yuan in H1

From en.people.cn

China’s foreign trade of goods went down 3.2 percent year on year in the first half of this year to 14.24 trillion yuan (about $2 trillion), narrowing by 1.7 percentage points compared with the decrease for the first five months. During the period, the country’s exports dropped 3 percent to 7.71 trillion yuan and imports fell 3.3 percent to 6.53 trillion yuan, according to the General Administration of Customs (GAC). The country registered better-than-expected foreign trade performance in the first half of the year, said Li Kuiwen, GAC spokesperson and director of the Department of Statistics and Analysis of the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis