China's exports break $100b in July, up for the 5th consecutive month

China's July exports broke past the $100 billion mark, rebounding for the fifth consecutive month, according to data released by China's General Administration of Customs on August 11.

According to the data, China's exports and imports totaled $1.146 trillion for the first five months in 2009, a plunge of 22.7 percent year-on-year.

Exports from January to July also slumped 22 percent from a year ago to $627.1 billion, while imports fell 23.6 percent to $519.61 billion. The trade surplus from January to July stood at $107.49 billion, decreasing by 12.4 percent from the previous year.

The data says exports and imports totaled $200.21 billion in July, a 19.4 percent year-on-year drop and a 9.6 percent month-on-month increase.

Exports in July stood at $105.42 billion, down 23 percent year-on-year and up 10.4 percent month-on-month, while imports reached $94.79 billion, a 14.9 percent year-on-year decline and a 8.7 percent month-on-month increase.

China's imports and exports rebounded in Marchafter a five-month slide since October last year.

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