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1st LD: China H1 foreign trade drops 6.9 pct

Xinhua, July 13, 2015 Adjust font size:

China's foreign trade dropped 6.9 percent year on year to 11.53 trillion yuan (1.89 trillion U.S. dollars) in the first half of 2015, official data showed on Monday.

Exports rose slightly by 0.9 percent from a year ago to 6.57 trillion yuan, while imports slumped by 15.5 percent to 4.96 trillion yuan, according to data from the General Administration of Customs (GAC).

Trade surplus expanded 1.5 times to 1.61 billion yuan in the Jan.-June period.

In June, foreign trade decreased by 1.9 percent from the previous year, with exports rising by 2.1 percent and imports falling by 6.7 percent, data showed.

Trade surplus in June jumped by 45 percent to 284.2 billion yuan. Endit