China imports

“I think the thing that is changing ... is the pivot from China as an export threat to China as a consumption opportunity.” - John Penrice, Asia Pacific president, The Dow Chemical Company

SINGAPORE (July 14): China’s “weaker-than-expected” import growth fell 8.4% y-o-y in June mainly due to a slowdown in ordinary imports for domestic consumption, while exports fell 4.8% y-o-y on weakness across the board.