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Market Update: China Import Growth Below Estimates
Imports to China rose by 28.1% year-on-year to USD 226.08 billion in July 2021, less than market expectations of 33% and after a 32.2% surge a month earlier, amid moderation in domestic demand following the latest COVID-19 outbreak in some regions, rising commodity prices, and slowing manufacturing. source: General Administration of Customs [/s2If]
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