George is a columnist, investor, and economist. He has written for Seeking Alpha, The Motley Fool, Investing.com, Psychology Today and his works have been featured on Seeking Alpha's Wall Street Breakfast, MSN Money, Yahoo! Finance, AOL DailyFinance, CNNMoney, CNBC, MarketWatch, TheStreet,... More
Aug 12, 2012 7:11 PM
| about stocks: GXC, PEK, DSUM
Unlike the U.S., which recently posted positive trade data (albeit for June), China posted worrying trade information for the month of July. In July, China's trade surplus narrowed from $31.7B in June to $25.1B, completely missing the consensus of $35.2B. Moreover, exports to Europe fell 16.2% while overall export growth edged up 1%, which is miniscule considering the export growth of 11.3% in June.
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Worrying News Out Of China 0 comments
Unlike the U.S., which recently posted positive trade data (albeit for June), China posted worrying trade information for the month of July. In July, China's trade surplus narrowed from $31.7B in June to $25.1B, completely missing the consensus of $35.2B. Moreover, exports to Europe fell 16.2% while overall export growth edged up 1%, which is miniscule considering the export growth of 11.3% in June.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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