BEIJING : Chinese export and import growth slowed in July as flooding and extreme weather at home disrupted factory and port operations and constrained consumption, while the fast-spreading Delta variant of the coronavirus loomed on the horizon.
Despite the challenges, China’s export sector showed continued resilience, increasing 19.3% in dollar terms in July compared with a year earlier, data from the General Administration of Customs showed Saturday.
That marked a retreat from June’s 32.2% year-over-year gain, but was largely in line with the 20% growth forecast by economists polled by The Wall Street Journal.