Containers are seen at the Yangshan Deep-Water Port in Shanghai, China Oct 19, 2020. REUTERS/Aly Song/File photo BEIJING  – China's exports fell 14.5 percent in July year-on-year, while imports contracted 12.4 percent, customs data showed on Tuesday, in the biggest decline in outbound shipments from the world's second-largest economy since February 2020. A Reuters poll of economists had forecast a 12.5- percent fall in exports and a 5- percent drop in imports. China's economy grew at a sluggish pace in the second quarter as demand weakened at home and abroad, prompting top leaders to promise further policy support at a meeting of the Politburo last month.

https://business.inquirer.net/414766/chinas-july-exports-imports-fall-much-faster-than-expected

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