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China’s Exports Decelerated in August

20th September 2017
China’s foreign trade rallied significantly in Q1 2017 thanks to recovered demand from home and abroad. However, an obvious deviation was identified in August trade data. Seasonal adjusted exports decelerated to 4% y-o-y, much slower than the 8.7% in July, while imports were growing 2% faster at 13.3% y-o-y.