China's foreign trade turnover falls by 7.5% to $ 1.3 trillion

China's foreign trade turnover falls by 7.5% to $ 1.3 trillion
  • Clock-gray 10:47
  • calendar-gray 07 May 2020

The volume of China's foreign trade in January-April for the current year fell by 7.5% to $ 1.3 trillion in annual terms, it has been noted in the report of the Main Customs Administration of China, APA reports citing TASS.

It is noted that the volume of exports decreased by 9%, and the volume of imports by 5.9%.

Earlier it became known that the People's Bank of China (Central Bank) lowered the renminbi to 7.0931 per dollar, which is the minimum rate since April 7.

Huseyn Veliyev

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