China’s Aug export growth unexpectedly picks up speed, imports solidly up


Source: causeaction.com causeaction.com

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https://www.oann.com/chinas-aug-export-growth-unexpectedly-picks-up-speed-imports-solidly-up/?utm_source=rss&utm_medium=rss&utm_campaign=chinas-aug-export-growth-unexpectedly-picks-up-speed-imports-solidly-up FILE PHOTO: Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song September 7, 2021 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...