China’s exports to the United States fell by 6.5 per cent last month. Photo: Bloomberg

China’s US trade slumps again, but exports rise due to higher demand from Asian neighbours

  • China’s unexpected rise in exports in July was driven by trade with the likes of Taiwan, Singapore and South Korea to offset drop in sales to the United States
  • US-China trade is tipped to continue to fall, with yuan devaluation unlikely to offset tariff effects, analysts said
Topic |   US-China trade war

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China’s exports to the United States fell by 6.5 per cent last month. Photo: Bloomberg
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Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.