German exports to China declined for the first time in nearly a year in July, easing by 3.9% year-on-year to 8.4 billion euros ($9.9 billion), the statistics office said on Wednesday.
That was the first decline in exports to China, Germany's second biggest sales market outside the European Union, since August 2020, and it was the biggest slump since May 2020, when the world was gripped in the first
wave of the coronavirus pandemic.Reporting by Rene Wagner; writing by Maria Sheahan; editing by Riham AlkousaaSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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