Chinese import growth decelerated sharply in June, slowing to 6.3% Y/Y vs. consensus of 12.7%....

|By:, SA News Editor

Chinese import growth decelerated sharply in June, slowing to 6.3% Y/Y vs. consensus of 12.7%. Export growth outpaced expectations at 11.3% vs. 9.9% consensus. Economists say the import slowdown is temporary, with recent policy easing likely to drive a Q4 pick-up.