China commerce ministry: Falling exports possible in coming months

19-Aug-2015
China commerce ministry: Falling exports possible in coming months

BEIJING : China's Commerce Ministry said on Wednesday it cannot rule out the possibility of falling exports in the coming months, after data showed exports tumbled in July from a year earlier.

The ministry also said that the country's foreign trade is facing a severe situation and uncertainties.

Exports in July tumbled 8.3 per cent from a year earlier, their biggest drop in four months and imports fell 8.1 per cent from a year earlier.

Source : economictimes.indiatimes.com

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