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.