Selasa, 09 Juli 2013

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China's exports and imports decline

A worker at a factory in ChinaManufacturing and export sectors are key drivers of China's economic growth

China has reported an unexpected fall in its exports and imports, adding to concerns of a slowdown in its economy.

Exports fell 3.1% in June from a year earlier, indicating weak global demand for Chinese goods. Most analysts had expected a 4% increase in shipments.

Imports declined 0.7% from a year ago, showing that domestic demand remained subdued.

China, the world's second-largest economy, has seen its growth rate dip amid a slowdown in global growth.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23251089#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa