News

China`s exports fall in June, but Russian foreign exchange surges

23/07/2001

The impact of the global economic slowdown on China is evident in the country’s export figures for June, which dipped by 0.6% - the first time they have fallen this year.

According to the official news agency Xinhua, the reduction is mainly attributable to the slowdown in the economies of China's largest trading partners, Japan and the USA – a situation which had ‘seriously impacted’ on trade levels.

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