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EXPORT GROWTH EASES AGAIN IN AUGUST

2017-10-13 11:40:12

China's export growth eased for the second consecutive month in August to 6.9 percent in yuan-denominated terms - down from 11.2 percent in July - as global demand softened, according to data released on Friday by the General Administration of Customs.

Imports showed stronger growth than exports, at a rate of 14.4 percent in August, down slightly from 14.7 percent a month earlier, which experts said suggests consolidated domestic demand.

The monthly trade surplus was 286.5 billion yuan ($44 billion), down by 14 percent year-on-year, according to the official data.
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