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    13.07.2015 12:33 China's trade surplus declines to $46.54 billion in June

    The Chinese Customs Office released its trade data on Monday. China's trade surplus fell to $46.54 billion in June from $59.49 billion in May, missing expectations for a decline to a surplus of $55.7 billion.

     

     

    Exports rose at an annual rate of 2.8% in June. It was the first increase in in four months.

     

     

    Imports slid at an annual rate of 6.1% in June. It was the eight consecutive decline.

     

     

    China's trade was driven by the Greek debt crisis, weak external demand in general, rising labour costs and a stronger yuan.


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