China’s Export Fall by 6.4% in April

• 05.08.2015, 16:18
•  Asia,  World

The world’s second largest economy recorded decrease by 6.4 percent in exports of goods in April, as Presstv reports. The China’s imports also dropped for the sixth month in a row by 16.2 percent. Overall export constituted $176.3 billion and import - $142.2 billion. According to official data the China’s trade surplus is estimated $34.1 billion compared with $18.3 billion a year ago.

 As it is known GDP of the country rose by 7 percent for the first quarter of the year, which is actually decline after double digit index that the country  used to record. According to analysts the slowdown of trade is strongly connected with general economic growth of the country and vice verse.