Investor Alert

Sept. 6, 2020, 11:46 p.m. EDT

China's August exports stronger than expected

By MarketWatch

BEIJING--China's exports continued their strong performance in August, as the continued global recovery boosted external demand.

China's exports in August rose 9.5% from a year earlier, following a 7.2% increase in July, the General Administration of Customs said Monday. Economists in a Wall Street Journal poll had expected a 7.3% growth.

Imports dropped 2.1% from a year earlier in August, compared with a 1.4% decrease in July and steeper than economists' expectations of a 0.2% fall.

China recorded a $58.93 billion trade surplus last month, dropping from the $62.33 billion surplus in July, and higher than the $51.85 billion surplus that economists had expected.

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