7 Aug 2024
China’s Trade Balance: Surplus narrows in July as imports rebound
China's Trade Balance for July, in Chinese Yuan terms, came in at CNY601.98 billion, shrinking from the previous figure of CNY703.77 billion.
Exports increased by 6.5% YoY in July vs. 10.7% seen in June. The country’s imports rebounded 6.6% YoY in the same period vs. -0.6% recorded previously.