South Korea exports to extend downturn amid worsening China outlook: Reuters poll

News Snapshot:

Summary S.Korea August exports likely -11.6% y/y vs -16.4% in July Imports seen -23.2% y/y, trade balance to swing to deficit Outlook worsening on slower Chinese economy - economists SEOUL, Aug 30 (Reuters) - South Korea's exports likely fell in August for an 11th consecutive month, a Reuters survey showed on Wednesday, as economic recovery in top export market China continues to stutter. Outbound shipments are expected to have fallen 11.6% in August from the same month the year before, showed the median estimate of 22 economists in the survey conducted Aug. 21-29. That would come after a drop of...