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China’s exports slip into contraction in June after previous surprise gain

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China’s exports contracted in June while imports dropped more than expected, indicating further slowdown of the world’s second-largest economy amid a bitter trade war with the United States.

Exports, in the US dollar terms, reversed a surprise gain in the previous month and fell 1.3 per cent in June from a year earlier, beating analysts expectation of a 2 per cent drop, customs data showed on Friday.

Imports dropped 7.3 per cent, shrinking for a . . .

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