Hong Kong’s exports fell last month, continuing to decline more than a year ago, as global demand continued to decline and China’s economy slowed, according to Bloomberg.
Hong Kong’s Census and Statistics Department said today that overseas shipments fell by 9.1% during July year-on-year, more than the forecast of 8.8%.
Imports shrank by 7.9%, compared with forecasts of a 5.9% decline, and Hong Kong’s trade deficit stood at $30 billion.
In a statement, a government spokesman noted that exports to Asia fell during July by 11.6% year-on-year, and shipments to China fell by 15.2%.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 