More good news for the Chinese economy. Trade growth picked up again in August with exports rising 7.2% on the year in August, up from 5.1% in July and beating expectations for 5.5%. Export growth to the U.S. climbed to 6.1% from 5.3% in July. And exports to EU rose 2.5%, after increasing 2.8% in July. Import data missed expectations rising 7% and was down from 10.9% the previous month. "Though import growth softened in a bit in August from July, it’s still much stronger than the negative read...
More good news for the Chinese economy. Trade growth picked up again in August with exports rising 7.2% on the year in August, up from 5.1% in July and beating expectations for 5.5%. Export growth to the U.S. climbed to 6.1% from 5.3% in July. And exports to EU rose 2.5%, after increasing 2.8% in July. Import data missed expectations rising 7% and was down from 10.9% the previous month. "Though import growth softened in a bit in August from July, it’s still much stronger than the negative read...
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