china export growth slows in august on weak demand
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

China export growth slows in August on weak demand

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice China export growth slows in August on weak demand

Chinese export growth
Beijing - Emirates Voice

Chinese export growth slowed in August, official data showed Friday, coming in below expectations as weak global demand weighs on the world's second largest economy.

Exports rose 5.5 percent year-on-year, the customs administration said, down from a 7.2 percent increase in the previous month and missing a Bloomberg News forecast of 6.0 percent.

Imports climbed 13.3 percent, beating an expected increase of 10.0 percent, and leaving a $42.0 billion trade surplus for the month.

 

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