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China’s Trade Balance: Surplus narrows in July as imports rebound

FXStreetAug 7, 2024 3:19 AM

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.

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