China's foreign trade further declines in July: imports down by 12.5%

Tuesday, August 9th 2016 - 08:51 UTC

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Chinese exports have seen a further decline in July, adding to concerns over the global economic outlook. Exports fell by 4.4% compared to a year earlier, which was a slight improvement over June's 4.8% drop but still worse than analysts had been expecting. And imports were also weaker than estimated, down by 12.5%. Read full article

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ChrisR
China still hasn't understood that making crap for sale to the world is not a good thing for them looking forward.

Imports have dropped simply because they import the crap to make their crap: scrap metals, cloths/fabrics and paper being the principle items.

When they learn that even minor improvements in the quality of what they produce will result in greater profits even with reduced volumes the rest of the world will suffer much more.

The Chin are not totally stupid, just hampered by communism but once the entrepreneurs are embraced by the ruling elite, things will really take off.
Aug 09th, 2016 - 06:44 pm - Link - Report abuse 0
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Briton
Its just my opinion, but I think China should stay away for the UK,

and even further away from hickly point.
we should be building and paying for our own energy.
Aug 09th, 2016 - 07:40 pm - Link - Report abuse 0
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