China's Aug export growth unexpectedly picks up speed, imports solidly up Netscape Money & Business


Source: netscape.com netscape.com

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09/07/2021 3:32 BEIJING (Reuters) - China's exports unexpectedly grew at a faster pace in August, as solid global demand offset some of the pressure on the world's second-biggest economy from a resurgence of domestic COVID-19 cases and supply bottlenecks. China staged an impressive recovery from a coronavirus-battered slump, but economic momentum has weakened recently due to the Delta variant-driven COVID-19 outbreaks, high raw material prices, slowing exports, tighter measures to tame hot property prices and a campaign to reduce carbon emissions. Shipments from the world's biggest exporter in August rose at a faster-than-expected rate of 25.6% from a year earlier,...