Comments
China’s exports grew by more than 7 per cent in August in the latest sign that growth may be stabilising after a slowdown in recent months.
Exports rose 7.2 per cent to $ 190 billion in August, from 5.1 per cent from July, according to customs data.
Imports climbed to $ 162 billion, up 7 per cent, leaving a monthly trade surplus of $ 28 billion, the General Administration of Customs reported.
Bilateral trade with the United States rose 9.2 per cent year-on-year in August, while trade with the European Union increased by 3.2 per cent.
Exports of electronics and machinery products accounted for 56 per cent of China’s total exports in August, the report said.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.