China's exports grew at a slower pace in August, data from the customs office showed on Monday.
Exports grew 4.4 percent in August from the previous year, which was slower than the 7.2 percent rise in July. This was also weaker than forecast of 5.0 percent.
Imports advanced 1.3 percent on a yearly basis, slower than the 4.1 percent rise in July. Imports were expected to climb 3.0 percent.
The trade surplus rose to $102.3 billion from $98.24 billion in July. The expected level was $99.4 billion. Exports to the US continued to decline in August, while shipments to Europe and Asean countries showed increases. Shipments to the US were down around 33 percent from a year ago.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.