China's Exports Grow 9.4% in August


(MENAFN- QNA) China's exports in August rose 9.4% year-on-year to $208.5 billion, with monthly trade surplus reaching an all-time high of $49.8 billion, official data showed on Monday.

China's imports continued to disappoint as it contracted last month again, The year-on-year decrease for august was 2.4% to $158.6 billion , the General Administration of Customs said in a statement.

Trade surplus in August jumped 77.8% year-on-year and hit a record high again, after reaching an all-time high of $47.3 billion in July, China's News Agency Xinhua reported.

Last month, China's total trade volume rose 4% year-on-year to $367.1 billion.

In the first eight months, total trade edged up by 2.3% to $2.77 trillion, with exports up 3.8% to $1.48 trillion and imports up 0.6% to $1.28 trillion.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.