Posted inChina

China’s June exports hit by weak Western demand

China’s exports decreased at a faster pace year-on-year in June than in May as Western demand was hit by high inflation and interest rate hikes. The country’s exports to the United States fell by 23.7% to US$42.7 billon in June from a year ago while exports to the European Union dropped 12.9% to US$44 billion, […]

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