July trade and factory-price data disenchant, but analysts see signs of hope for economy
A worker at a carbon-fiber factory in Lianyungang, in China’s Jiangsu Province, on Aug. 1, 2015. The release of July’s trade and factory-price data suggests the nation’s economy is off to a slow start for the second half of the yearPHOTO: ZUMA PRESS
By William Kazer
The Wall Street Journal
BEIJING—China’s economy started the second half of the year on a weak note, posting disappointing trade and factory-price data in July amid pressure from slack demand at home and abroad.
Exports in July slid 8.3% from a year earlier, reversing a gain of 2.8% in June, customs data released Saturday showed. Imports fell for the ninth month in a row, dropping 8.1%, after a decline of 6.1% in June. And on Sunday, the government announced factory prices in July extended more…