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China's Aug exports, imports growth misses forecasts

Summary by Ground News
Exports rose 7 percent over a year ago to $314.9bn, barely one-third of July's 18 percent expansion. Imports contracted by 0.2 percent to $235.5bn, compared with the previous month's 2.3 percent growth. High energy prices, inflation and anti-coronavirus restrictions have weighed on consumer demand.
3 months ago·Beijing, China

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China export growth slows sharply in August: official data

The weakness in trade comes as global demand for Chinese products weakens with energy prices soaring and the United States facing the threat of recession.

3 months ago·Mumbai, India
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China's August exports +7.1% yoy, imports +0.3% lower than expected

[BEIJING 7th Reuters] - According to the August trade statistics released by the General Administration of Customs of China on the 7th, exports increased 7.1% year-on-year in dollars and 0.3% in imports, respectively. Both fell below market expectations. According to Reuters analyst surveys, exports were expected to increase by 12.8% and imports by 1.1%. Exports increased by 18.0% and imports by 2.3% in July. The trade balance in August was a su…

3 months ago·United Kingdom
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China's export growth sinks in August, imports shrink

China’s export growth weakened in August and imports shrank as high energy prices, inflation and anti-virus restrictions weighed on global and Chinese consumer demand. Customs data Wednesday showed exports rose

3 months ago·United States
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China's export growth sinks in August, imports shrink

China’s trade weakened in August as high energy prices, inflation and anti-virus measures weighed on global and Chinese consumer demand, while imports of Russian oil and gas surged.

3 months ago·United States
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China Export Growth Slows Sharply In August: Official Data

China export growth slows sharply in August: official data

3 months ago·United States
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China facing ‘soft’ trade outlook as export machine splutters

China’s exports and imports in August both missed expectations, data released on Wednesday showed, with the weak figures further dragging down the yuan’s exchange rate against the US dollar.

3 months ago·Hong Kong
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Bias Distribution

57% of the sources are Center
Associated Press News
abc News
Japan Today
Reuters
IBTimes
South China Morning Post
KRDO
Channel News Asia
KIFI
+7
Times of India
Financial Post
Bangkok Post
Business Standard
Al Arabiya
Daily Sabah
L 19%
C 52%
R 29%
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