The data released by the General Administration of China Customs on Thursday (July 13) shows that in the US dollar, China ’s exports in June this year fell 12.4%year -on -year and imports decreased by 6.8%.This means that China's exports and imports have declined for two consecutive months, and the decline has expanded.
Comprehensive Wall Street Journal, First Financial, Wall Street News and other reports. Previously, in May, China's exports fell by 7.5%year -on -year and imports decreased by 4.5%.
Compared with market expectations, exports and imports are weaker than market expectations in June.
According to a survey by the Wall Street Journal, China's exports are expected to decrease by 9.2%year -on -year in June and 4.0%in imports.Reuters' investigation of economists is expected to shrink by 9.5%, and imports will decrease by 4.0%.
Reuters reported that the decline in exports in China in June was the largest decline since the outbreak of the crown disease in 2020.
After the prevention and control measures of the epidemic in China, a short -lived economic rebound has appeared, but many macro data in recent months are not satisfactory.Essence
The call for the government to introduce more economic stimulus recently is required, but Chinese decision makers have not launched a large -scale stimulus plan.