The Chinese economy issued its trade balance surplus widened in July recording $28.73 billion, compared with a previous surplus of $20.02 billion, and it came higher than the anticipated surplus of $19.60 billion.

Imports declined 22.7% from a year earlier coming after a decline by 34.1% and forecasts referred to 30%. On the other hand, exports (YoY) inclined 38.1%, it came less than the prior 43.9%, while analyst's estimates of 35%.