China’s exports grew more than expected in August, while imports growth weakened sharply amid weak domestic demand, official data revealed Tuesday. Exports posted an annual growth of 8.7 percent, faster than the 7.0 percent increase in July, data from customs office showed. This was the fastest expansion in 17 months. Economists had forecast shipments to climb 6.5 percent.
Read Full Story
Latest posts by Top News Editor (see all)
- European Economic News Preview: Germany Foreign Trade Data Due - October 9, 2024
- New Zealand Central Bank Cuts Key Rate By 50 Bps - October 9, 2024
- Uncertainty Among U.S. Small Businesses Hits All Time High: NFIB Survey - October 8, 2024