China January-June yuan denominated exports to the US -9.9% y/y

  • yuan denominated imports from the US -7.7% y/y
  • yuan denominated two-way trade with the US -9.3% y/y

Spokesman says US-China trade has recently shown signs of recovery:

  • China-US teams accelerate implementation of London framework results
  • Hopes US will work with China to make cooperation the theme of bilateral trade
  • Extortion and coercion lead nowhere; dialogue and cooperation are the right path
China panda US eagle negotiating
Source: Forex Live