China August exports down 6.1% on year to 1.20tr yuan
China stock market
Beijing - Arab Today
China's exports fell 6.1 percent year-on-year to 1.20 trillion yuan (around $188 billion) in August, Customs said Tuesday, the latest batch of data showing weakness in the world's second-largest economy.
But the drop was slightly ahead of the median forecast of a 6.6 percent decline in a survey of economists by Bloomberg News. Imports fell 14.3 percent year-on-year, Customs said, while the trade surplus rose 20.1 percent to 368.0 billion yuan.
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