China commerce ministry warns exports might continue to fall in coming months
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A truck hauls a China Shipping Container Lines Co. container at the Port of Savannah in Georgia, US on Aug 14, 2015.
PHOTO: BLOOMBERG
BEIJING (REUTERS) - China's Commerce Ministry said on Wednesday (Aug 19) it cannot rule out the possibility of falling exports in the coming months, after data showed exports tumbled in July from a year earlier.
The ministry also said that the country's foreign trade is facing a severe situation and uncertainties.
Exports in July tumbled 8.3 per cent from a year earlier, their biggest drop in four months and imports fell 8.1 per cent from a year earlier.
