China's trade surplus shrinks to $79.4B in August - Breaking The News
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China's trade surplus shrinks to $79.4B in August

Economy
Christian Baha / NL

1 min read

EPA-EFE/ALEX PLAVEVSKI

The Chinese trade surplus landed at $79.39 billion in August, shrinking compared to last month's $101.26 billion, the country's General Administration of Customs said on Wednesday.

The figure dropped to a three-month low and landed below the forecast of $92.7 billion, disappointing investors' expectations.

Meanwhile, the country's exports increased by 7.1% in dollar terms on an annual basis, with imports rising by 0.3%, both below analysts' projections.

trade balancetradedata
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