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China's exports up in July, imports fall
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CHINA'S exports continued to strengthen in July, but imports dropped, painting a mixed picture of China's trade, data from the General Administration of Customs showed today.
Exports jumped 14.5 percent from a year earlier to US$212.8 billion in July, faster than the pace of 7.2 percent the previous month.
Imports, however, fell 1.6 percent to US$165.5 billion, compared with an increase of 5.5 percent in June.
Analysts said the data indicated stronger external demand, but the domestic recovery may require further targeted policies to support.
The trade surplus settled at US$47.3 billion last month, up from June's US$31.5 billion mainly due to weak imports.
In the first seven months, China's trade edged up 2 percent, still trailing the full-year target of 7.5 percent.
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