China exports rise at fastest pace in nearly 1½ years; imports slip, Economy


Source: straitstimes.com straitstimes.com

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BEIJING (REUTERS) - China's exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery in the world's second-biggest economy. Exports in August rose a solid 9.5 per cent from a year earlier, customs data showed on Monday (Sept 7), marking the strongest gain since March 2019. The figure also beat analysts' expectations for 7.1 per cent growth and compared with a 7.2 per cent increase in July. Imports however slumped 2.1 per cent, compared with market expectations for a...