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China's exports slow slightly despite big tech demand
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PerthNow
China has fully transitioned to supplying vital machinery and components for advanced manufacturing.
(AP PHOTO)China has fully transitioned to supplying vital machinery and components for advanced manufacturing.
(AP PHOTO) Credit: AAPChina's exports slowed slightly in July from the month before despite robust demand for high-tech electronics and vehicles.
Exports rose nearly 24 per cent in July from a year earlier, compared with a 27 per cent increase in June.
Trade data shows China has fully transitioned from providing mostly low-cost manufacturing to supplying vital machinery and components for advanced manufacturing.