Slowdown in China’s exports may signal further decline for industrial sector  ...News

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Slowed growth of Chinese exports in July, along with lagging imports, is expected to herald a slowdown in the nation’s industrial sector in the second half of 2021 – even amid a trade recovery triggered by easing global lockdowns. Last month, Chinese exports recorded year-over-year growth of 19.3% following a 32.2% gain in June. The increase was expected to total 20.8%, according to analysts polled by Reuters. Meanwhile, imports rose by a more modest 28.1% from a year ago, falling short of a 33% increase forecast in the poll, and 36.7% growth during the previous month. Demand for iron ore, vital for steelmaking, has declined in recent

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