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- The Wall Street Journal: China's foreign trade declined
The Wall Street Journal: China's foreign trade declined
According to the forecast of economists surveyed by The Wall Street Journal, China's foreign trade in goods is reduced and will be further reduced due to the ongoing weakness in external demand. Experts point out that exports and imports will decrease. According to the median forecast of analysts, exports probably fell by 3.6% compared with the same period of last year, after falling 4.8% in June. At the same time the volume of imports is likely to fall by 8.9% after falling 8.4% in June.
It is expected that the surplus of China's trade balance in July, probably fell to 48.00 billion dollars.
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