Containers are seen at a port in Lianyungang, Jiangsu province, China June 10, 2019. REUTERS/Stringer
Analysts polled by Reuters had expected exports would rise 2.0% in the month, after a 3.3% gain in July.
China's total trade volume with the US fell 9% to 2.42 trillion yuan ($340 billion) from January to August, accounting for 12% of China's total foreign trade. The US is China's third largest trade partner. China's trade surplus with the US expanded 7.7% to 1.33 trillion yuan.
Total trade volume between China & US from January to August accounted for only 12% of China's overall foreign trade, because of their tradewar. The diminishing weight of US-China trade means Washington will have less leverage to impact China's giant economy.
It’s not unexpected, it’s China getting battered by Trump’s trade war
Really? They’re losing the trade war? Really?
Unexpectedly? And e y'all f'n blind?
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