China: Trade surplus with US narrowed to $26.95 billion in August from $27.97 billion in July


Data published by the General Administration of Customs of China over the weekend showed that  China’s trade surplus with the US narrowed to $26.95 billion in August from $27.97 billion in July. Further details of the report revealed that the trade surplus with the US from January to August was $195.45 billion.

Additionally, China’s exports fell 1% in August on a yearly basis to reflect the negative impact of the trade conflict while imports fell 5.6% in the same period to bring the trade surplus down to $34.84 billion from $45.06 billion compared to analysts’ estimate of $43 billion. 

Products You May Like

Articles You May Like

Economic growth is close to zero for the fourth quarter, according to Fed gauges
US trade deal approved by the Japanese lower house committee
Here’s What Led To A 26% Jump In Zillow Group’s Stock In A Month
ESG index funds are hot. That may be a risky thing for investors
Trump-Powell Meeting Keeps Investors Guessing

Leave a Reply

Your email address will not be published. Required fields are marked *