Chinese exports decline for fourth straight month, down 8.8% in August

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Data released Thursday by China's General Administration of Customs shows exports dropped in August by 8.8% compared to a year ago. Pictured are drivers transporting shipping containers from the port city of Tianjin, one of the busiest commercial ports in the world. Photo by Stephen Shaver/UPI | License Photo Sept. 7 (UPI) -- Chinese exports dropped by 8.8% in August compared to one year ago, the fourth consecutive month of export decline, according to customs data released Thursday. According to China's General Administration of Customs August imports dropped by 7.3% from a year ago. Advertisement July exports were down 14.5%,...