Outbound shipments were up 4.4 per cent for the month, falling short of estimate
China’s exports continued to rise in August, though at a slower pace, as global markets watch to see whether the world’s two largest economies can reach a lasting and durable trade deal.
Outbound shipments rose by 4.4 per cent year on year to US$321.8 billion last month, according to customs data released on Monday.
The figure was lower than the 7.2 per cent recorded in July and fell short of the 5.4 per cent forecasted by Chinese financial data provider Wind.
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