China's June trade data badly misses expectations

China exports slumps 12.4% in June from a year earlier

China's exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering. Customs data released Thursday showed imports slid 6.8% to $214.7 billion. Exports edged up slightly from…

China Exports Slumped 12.4% in June as Global Demand Weakened

The slump since last year is rooted in trade weakness which added to downward pressure on the world's second-largest economy.

China's exports see biggest drop in three years

China's exports saw their biggest fall in three years in June, slumping a worse-than-expected 12.4% year-on-year, as signs mount of stress from the struggling global economy and Chinese policymakers face growing pressure for stimulus measures.

China exports slumped 12.4 per cent in June from a year earlier as global demand weakened

Trade weakness adds to downward pressure on the world's second-largest economy. Global consumer demand has weakened after the Federal Reserve and central banks in Europe and Asia raised interest rates to bring inflation down from near multi-decade highs by reining in business and consumer activity.

China exports slumped 12.4% in June from a year earlier as global demand weakened

HONG KONG (AP) -- China's exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.

China exports slumped 12.4% in June from a year earlier as global demand weakened

HONG KONG (AP) -- China's exports tumbled 12.4% in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation even as Chinese leaders struggled to keep a post-COVID recovery from faltering.