Foreign trade rise 5.1 per cent year on year in June in China
The outbreak has driven down commodity prices and placed huge swathes of Chinese territory on lockdown, potentially disrupting purchasing demands in the US-China trade deal. Photo: AP. Sketched by the Pan Pacific Agency.
BEIJING, Jul 14, 2020, Xinhua. China saw its foreign trade rise 5.1 percent year on year in June, with exports and imports up 4.3 percent and 6.2 percent respectively, official data showed Tuesday, ECNS reported.
The country registered better-than-expected foreign trade performance in the first half of the year, according to the General Administration of Customs.
Foreign trade of goods went down 3.2 percent year on year in the first half to 14.24 trillion yuan (about 2 trillion U.S. dollars), narrowing by 1.7 percentage points compared with the decrease for the first five months.
Following the turbulence in the first quarter, imports and exports of the second quarter showed signs of recovery and stability, and the exports have risen for three consecutive months, said the administration.
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