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China July exports up annual 5.1 percent, imports surge

China July exports up annual 5.1 percent, imports surge

Female Chinese workers sew clothes to be exported to European Union at a garment factory in Huaibei city, east Chinas Anhui province, 8 August 2013. A stronger-than-expected rebound in Chinas exports in July offered hope that the worlds second-largest economy may be stabilizing after a slowdown that has prompted the government to shore up activity. Data from the Customs Administration showed exports rose 5.1 percent in July from a year ago, beating economists expectations for a 3 percent gain after Junes 3.1 percent fall. But because imports jumped 10.9 percent from a year earlier, more than five times what analysts had forecast, the trade surplus of $17.8 billion was lower than expected.
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42-50437158
Stock Photo ID:
42-50437158
Date Photographed:
August 8, 2013
Model Released:
No Release
Property Released:
No Release
Credit:
© Imaginechina/Corbis
License Type:
Rights Managed (RM)
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Collection:
Max File Size:
38 MB - 3000px × 4500px • 10.00in. × 15.00in @ 300 ppi
Restrictions:
  • Not available for editorial use in France.

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