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China exports growth in August hits a 6-month low, missing expectations

  • In August 2025, China’s export growth slowed to 4.4% year-on-year, marking the slowest increase in half a year and falling short of market expectations.
  • The slowdown followed ongoing trade tensions with the United States, including tariffs and retaliations, and weakening global demand affecting key trading partners.
  • Exports to the U.S. dropped 33% year-on-year to $47.3 billion, while imports grew 1.3%, falling short of growth expectations and signaling domestic pressures.
  • The manufacturing sector contracted slightly as the PMI slipped below the 50 threshold to 49.8, while officials emphasized the importance of balanced dialogue and consultation to maintain stable trade relations.
  • This export deceleration raises concerns over China’s economic momentum and prompts calls for policy adjustments to balance external stimulus with domestic recovery.
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The US is still the most important customer of goods "Made in Germany". But Trump's tariffs are still burdening exports more and more. As a result, total exports are falling in July.

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South China Morning Post broke the news in Hong Kong on Monday, September 8, 2025.
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