News Snapshot:
By Laura He, CNN Business China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year ago, marking the fastest pace of growth this year, according to Chinese customs statistics released on Sunday. Analysts polled by Reuters had forecast a 15% increase. In June, exports increased 17.9%. Imports, meanwhile, grew 2.3% from a year earlier, slightly missing expectations and suggesting domestic demand remains weak. July's strong export performance sent China's trade...
