It didn't get enough press coverage in my opinion. So I put it here to an audience that can evaluate the importance.
In July, Chinese exports dropped by 14.5% (YoY), following a 12.4% decrease in June, as reported by the country's customs authority. Economists polled by the Wall Street Journal had anticipated a 12.0% decline. Meanwhile, imports decreased by 12.4%, a more significant drop than the 6.8% seen in June, and more than the 5.0% decrease expected by economists.
That's a collapse! Nada mas.