FX & CFD trading involves significant risk
The Chinese Customs Office released its trade data on Monday. China's trade surplus fell to $46.54 billion in June from $59.49 billion in May, missing expectations for a decline to a surplus of $55.7 billion.
Exports rose at an annual rate of 2.8% in June. It was the first increase in in four months.
Imports slid at an annual rate of 6.1% in June. It was the eight consecutive decline.
China's trade was driven by the Greek debt crisis, weak external demand in general, rising labour costs and a stronger yuan.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.