A US cargo ship is seen at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018.
Johannes Eisele | AFP | Getty Images
China’s dollar-denominated exports beat expectations to rise 9.5% for the month of August from a year ago, data from the country’s General Administration of Customs showed on Monday.
Meanwhile, China’s dollar-denominated imports in August fell 2.1% from a year ago.
Economists polled by Reuters had expected exports to have climbed 7.1% in August from a year ago compared with a 7.2% rise in July, while imports were expected to climb 0.1% in August from a year ago, reversing a 1.4% decline in July.
China posted a trade surplus of $58.93 billion for the month of August, beating the $50.50 billion economists had expected. China’s trade surplus was $62.33 billion in July.
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