According to official data released on July 13, China witnessed a year-on-year drop of 12.4% in exports for the month of June.This marks the second consecutive decline and reflects a slowdown in the countrys economic recovery.Chinas General Administration of Customs reported a 6.8% decrease in imports during the same period.Chinese exports down 12.4% in June.
(Photo Internet reproduction)Export activities are a crucial factor for growth in the worlds second-largest economy and have been on a downward trend since October of the previous year, with a brief recovery observed between March and April.The decline in Junes exports surpassed economists expectations, who had forecasted a 10% decrease, highlighting the severity of the situation.