China’s June trade falls in new sign economy is fading

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Will domestic demand able to fill-up the gap...

China’s June trade falls in new sign economy is fading

BEIJING — China’s trade declined abruptly in June in a sign growth in the world’s second-largest economy might be cooling even more sharply than expected.

Exports fell by 3.1 per cent compared with a year earlier and imports contracted by 0.7 per cent, customs data showed today (July 10). Both were below forecasts of growth in the low single digits.

http://www.todayonline.com/business/chin...omy-fading
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