China’s Aug exports growth unexpectedly picks up speed in boost to economy


Source: thedailyreformer.com thedailyreformer.com

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The Daily Reformer is America's Leading Source of Alternative News. Read, Enjoy and Share! September 7, 2021 BEIJING (Reuters) – China’s exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world’s second-biggest economy as it navigates its way through headwinds from several fronts. 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...