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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