China’s Exports Fall at Faster Pace as Global Economy Slows

China’s exports in yuan terms decreased at a faster pace in June compared to the previous month, as a slowdown in the global economy curbed demand for Chinese goods and weighed on the outlook for manufacturing.

Exports declined about 16% in yuan terms in June from a year ago, more than the 0.8% decrease in May, according to the Bloomberg calculations based on Customs General Administration data released Thursday.