China export growth slows in August on weak demand
Chinese export
Beijing - Muslimchronicle
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.
source: AFP
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