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China foreign trade up 6.9% in July
August 8, 2014, 5:16 am

Exports in July surged 14.5 per cent from a year earlier to $212.9 billion [AP]

Exports in July surged 14.5 per cent from a year earlier to $212.9 billion [AP]

China’s foreign trade volume went up 6.9 per cent year on year to $378.5 billion in July, new customs data showed Friday.

Exports in July surged 14.5 per cent from a year earlier to $212.9 billion, while imports dropped 1.6 per cent to $165.6 billion, the General Administration of Customs said in a statement.

Trade surplus expanded to $47.3 billion from $31.6 billion in June.

In the first seven months, total trade volume edged up by 2 per cent to $2.4 trillion, with exports up 3 per cent to $1.28 trillion and imports up 1 per cent to $1.12 trillion.

Total trade surplus in the first seven months surged 20.9 per cent $150.6 billion, the statement said.

 

Source: Agencies