China’s exports tumbled last july 14.5%، worst decline since COVID19 in 2020

China’s exports drop 14.5% y-y in July, worst decline since Feb. 2020 when COVID19 became pandemic and its imports fall 12.4%, much deeper than economists expected as weaker demand threatens recovery prospects in the world's second-largest economy, heightening pressure for authorities to release fresh stimulus to steady growth and the grim trade numbers reinforce expectations that economic act