China's August Trade Surplus Reaches $119.09B
The news covers China's trade growth in August, with exports rising by 25% year-on-year, in line with analysts' expectations. Imports increased by 28.2%, though this was below the projected 30%. As a result, China's trade surplus reached $119.09 billion, up from $112.5 billion in July, despite ongoing weak domestic demand despite the growth in trade.
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