China trade in 7 months drops 8.7% year-on-year
China's total trade in the seven months till July dropped 8.7% from the year-ago period to $2.03 trillion, as exports fell for 12 out of past 13 months. Trade with southeast Asian nations reportedly fell 8%, and that with the US declined 10.4% from the corresponding period last year. This comes amidst economic uncertainty following EU debt crisis and Brexit.