China’s first-half exports to U.S. down 8.1% year-on-year, imports fall 1.5%

China’s exports to the United States fell by 8.1% in the first half from the same period a year earlier while imports from the U.S. declined 1.5%, customs spokesman Li Kuiwen told reporters on Tuesday. It was not immediately clear if the figures cited by Li were yuan-denominated or dollar-denominated. The customs agency has yet to release dollar-denominated figures for overall trade. China and United States should create favorable conditions to implement the Phase 1 trade deal, Li said.

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