[10 July 13] Chinese trade data shrinks in June - English
China has reported an unexpected fall in its exports, putting pressure on the government as it pushes through a re-balancing of the economy. According to the General Administration of Customs, exports fell 3.1 percent in June from a year earlier. The weak overseas demand for Chinese goods came as a surprise to analysts, many of whom had predicted an increase of around 4 percent. Imports over the same period fell by 0.7 percent, pointing to subdued domestic demand. The overall assessment was downbeat.
Added by PTV on 11-07-2013
Runtime: 2m 17s
Send PTV a Message!