China’s exports fall most in three years as global economy falters

Estimated read time 1 min read
BEIJING, July 13 (Reuters) – China’s exports contracted last month at their fastest pace since the onset three years ago of the COVID-19 pandemic, as an ailing global economy puts mounting pressure on Chinese policymakers for fresh stimulus measures.

Momentum in China’s post-pandemic recovery has slowed after a brisk pickup in the first quarter, with analysts now downgrading their projections for the economy for the rest of the year as factory output slows in the face of persistently weak global demand.

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