China Export Growth Seen Faster in August
Chinas export growth likely accelerated in August as the world second largest economy relied on external demand to offset domestic weaknesses. Exports are expected to rise twenty-five percent year-on-year.
China's export growth likely accelerated to 25% year-on-year in August, driven by robust external demand amid lingering domestic economic weakness. A Reuters poll of 35 economists shows the reading up from 23.9% the previous month. The trade data arrives as policymakers navigate sputtering momentum following second-quarter GDP growth of 4.3%.
