China's economy is sputtering as the nation's exports hit their lowest level in over 3 years

• China's exports tumbled in July, further denting hopes of a post-pandemic economic rebound.
• The country's outbound shipments slid at their steepest pace since February 2020, per The Wall Street Journal.
• Heightened geopolitical tensions between Beijing and the US have pushed some Western buyers to look elsewhere for supply chain needs. 

China's ambitions for a post-pandemic rebound have yet to materialize, and the country's latest export numbers suggest the economy is struggling to revive itself even after COVID lockdowns were lifted at the end of last year.

Exports in July declined at the sharpest pace since February 2020, according to Chinese customs data cited by the Wall Street Journal.