China export growth slows in August on weak demand
Chinese export
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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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