China's June export growth to U.S. slows sharply - China customs

Reuters  |  BEIJING 

(Reuters) - China's exports to the in June rose 3.8 percent from a year earlier in yuan terms, 23.8 percentage points lower than the growth rate seen a year earlier, the country's customs agency said late on Monday.

For the first half of this year, customs said China's exports to the rose 5.4 percent from a year earlier compared with 19.3 percent for same period in 2017.

The customs agency did not provide exact values for June and January-June exports or say how exports to the U.S. fared in dollar-denominated terms.

and are set to impose imports tariffs against each other on July 6 amid an escalating trade dispute that has spooked investors and has driven Chinese stocks and the yuan lower.

is due to publish preliminary June trade data on July 13.

(Reporting by and in and Lee Chyen Yee in Singapore; writing by Se Young Lee; Editing by and Richard Borsuk)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, July 03 2018. 09:30 IST