China's exports contracted more than expected in June, weighed down by shrinking global demand and increased concerns about the world's second-largest economy.
Customs data showed the value of Chinese exports in dollars fell 12.4 percent in June compared to a year ago.
This is a much larger decline than expectations of a 9.5 percent decline and a 7.5 percent year-on-year decline in May.
Imports fell 6.8 percent from June last year, also worse than expectations of a 4 percent drop and a 4.5 percent annual decline in May.
Source (CNBC Arabic Website, Edited)
