Asia’s total export growth runs negative

Aggregate export numbers from Asia ex-Japan turned South in July, against analyst expectations. On the positive side, the numbers are less severe than in 2008 and already are beginning to improve.
Asia’s total export growth runs negative

What: Asian aggregate exports, numbers have run into negative territory, recording -3.6% year-on-year in July. This is the first time to do so since 2008.

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