Chinese Trade Balance Rose In July

China trade balance was reported at USD 28.7 billion vs. USD 20.0 billion in June. Export and import growth were running at 38.1 and 22.7 percent.

The imports are slowing down, I would say that will mean lower exports further down the road.

The accumulated surplus is now at USD 84.5 billion vs. USD 108.0 billion for the same last year and full year 2009 USD 196 billion.

Chart 1. China Trade Balance; Export & Import Growth

Source: Bloomberg

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This entry was posted on Tuesday, August 10th, 2010 at 2:04 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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