China’s exports to the United States in August totalled US$37.3 billion and imports US$10.35 billion, for a trade surplus of US$26.95 billion. Photo: Reuters

China’s exports fell unexpectedly in August as US trade war continues to slam industrial economy

  • Shipments dropped 1 per cent despite analysts forecasting further growth after 3.3 per cent rise in July
  • Imports remain cause of concern for Beijing after falling 5.6 per cent in August, meaning they have only grown in one month in 2019
Topic |   US-China trade war

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China’s exports to the United States in August totalled US$37.3 billion and imports US$10.35 billion, for a trade surplus of US$26.95 billion. Photo: Reuters
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China’s forex reserves rose by US$3.5 billion in August. Photo: Reuters

China’s foreign exchange reserves up US$3.5 billion in August despite yuan drop

  • Total rises beyond analysts’ forecasts to US$3.1072 trillion, according to central bank figures released on Saturday
  • Increase from July due to stable balance of international payments and generally stable economic growth, regulator says
Topic |   China economy

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China’s forex reserves rose by US$3.5 billion in August. Photo: Reuters
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