The Digital Source For China's Tech Innovation Since 2000

Search
Close this search box.

China exports slumped in June from year earlier as global demand weakened

July 13, 2023
Source: breakingnews.ie breakingnews.ie
News Snapshot:
China’s exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation, even as Chinese leaders struggled to keep a post-Covid recovery from faltering. Customs data released on Thursday showed imports slid 6.8% to 214.7 billion dollars (£165.1 billion). Advertisement Exports edged up slightly from the month before, totalling 285.3 billion dollars (£219.5 billion). The trade surplus was 70.2 billion dollars (£54 billion), rising from 65.8 billion dollars (£50.6 billion) in May. Driverless lorries move shipping containers at a port in Tianjin, China (Mark Schiefelbein/AP) Advertisement Trade weakness adds to...
Go To Original Source →
Tags: advertising | bank | Beijing | China | Chinese | communist | Covid-19 | e-commerce | Economy | Europe | expansion | export | Exports | finance | Gadgets & Electronics | import | logistics | Oil | Shandong | Shanghai | shipping | technology | Tianjin | United States | Washington

Other Related News:

UK Championship 2023: Ronnie O'Sullivan and Ding Junhui share the spoils in hard-fought opening to final

December 3, 2023

Xiaomi 14 Ultra details leaked ahead of launch Details here

December 3, 2023

Science news this week: Atmospheric holes and smarter glasses

December 3, 2023

Cop28 live: UAE climate chief’s comments ‘incredibly concerning’

December 3, 2023

Dublin riots drag row over facial recognition technology back into spotlight

December 3, 2023

Watch this space: Humans want to go to the Moon again and never leave

December 3, 2023

This week in EVs: Tesla holds Cybertruck launch event

December 3, 2023

The biggest risk that could set off China-US conflict: ex-army chief

December 3, 2023

Behind the $2b bet against the ASX’s favourite lithium stock

December 3, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter