Imports fall 6.1%, total trade down 6.9%.
July 13, 2015
by The Canadian Press
BEIJING — China’s June export growth rebounded to 2.8% in a sign of better global demand while imports fell 6.1%.
Customs data showed exports growing again after May’s 2.5% contraction. Imports were an improvement over the previous month’s unexpectedly severe 17.6% contraction.
An improvement in exports is a positive sign for communist leaders who worry about job losses in trade-dependent manufacturing industries that employ millions of workers.
However, the data showed exports so far this year have grown only 1% over a year earlier while total trade is down 6.9%.
© 2015 The Canadian Press