Economic Buzz: Chinas Exports Rise 7.1% On Year In August

7 Sep 2022 , 01:08 PM

Chinas exports grew less than expected in August, figures published by the General Administration of Customs revealed. Exports increased 7.1 percent on a yearly basis in August. At the same time, the annual increase in imports slowed to 0.3 percent from 2.3 percent in July. As a result, the trade surplus narrowed to $76 billion from $90 billion in July. Powered by Commodity Insights