Africa-Press – Angola. Trade in yuan (local currency) between China and the rest of the world rose 16.6 percent year on year in July, the General Administration of Customs of China said.
According to the source, exports increased by 23.9 percent, a much faster pace than imports (+7.4). In the seventh (July) month of the year, trade with other countries totaled 552.931 billion euros (3.81 billion yuan).
On the other hand, exports in June rose 17.9 percent year-on-year, the fastest growth since January, compared with a 16.9 percent gain seen in May and well above expectations for a further increase. to 12.0. At the time, ex-car imports contributed to the robust growth, reaching 248,000 vehicles in June, 30.5 percent more than the previous year.
Break In Revenue
Also in China, the giant “Alibaba” e-commerce revenues recorded a drop in quarterly revenue (April to June 2022), amounting to 29,850 million euros.
This value is “slightly” below the same period of 2021 (almost 1 percent), the group detailed in a statement, evoking a “decline” in compensated trade activities based on the ‘cloud’ (cloud).
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