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China reports biggest drop in exports since 2020
China's exports and imports have declined in July due to a sluggish economy and weakened demands amidst the pandemic. According to customs data, China's outbound shipments plunged by 14.5%, the most considerable drop since February 2020. This performance is worrying as it could potentially weaken economic activity further for the rest of Asia.
China's exports and imports have declined in July due to a sluggish economy and weakened demands amidst the pandemic. According to customs data, China's outbound shipments plunged by 14.5%, the most considerable drop since February 2020. This performance is worrying as it could potentially weaken economic activity further for the rest of Asia. 
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