China's Exports Up Slightly But Still Weak, Government Reports
Chinese exports rose 2.7% to around $178 billion in August, up from 1% in July but far below the 11.3% growth recorded in June, the Chinese government said Sept. 10. Imports dropped for the third consecutive month, falling 2.6% from…
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a year earlier, it said. Total foreign trade from January-August reached $2.5 trillion, up 6.2% over last year but below the 10% full-year growth target set by the state for 2012, it said. China's trade with the EU, its largest trade partner, fell by almost 2% from January to August, but trade with the U.S., its second-largest partner, rose almost 10% in the first eight months of this year, it said.