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Market Update: China Exports Rise Less than Expected
Exports from China rose 19.3% yoy to USD 282.66 billion in July 2021, below market estimates of 20.8% and slowing from a 32.2% jump in June. Still, this was the 13th straight month of growth in outbound shipments, amid easing foreign demand due to the rapid spread of the Delta variant of COVID-19 in some countries. source: General Administration of Customs [/s2If]
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