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China manufacturing

China's August exports rise 25% but growth to the EU slows to 6.6%

China's exports rose 25% year on year in August to about $401 billion, beating forecasts. Exports to the EU grew only 6.6%, while shipments to the US rose 34.4%.

China manufacturing

Customs data released on 8 September showed dollar exports of $401.44 billion, up 25.0% on a year earlier and ahead of the 23.3% average forecast in a Caixin survey. Imports rose 28.2% to $282.36 billion, leaving a trade surplus of $119.09 billion.

Caixin reported that the gain was driven by a price surge in AI-related products rather than by higher volumes. Toys were among the consumer goods that rebounded.

Exports to the EU rose 6.6%, well below the headline rate, while exports to the US climbed 34.4%.

Sources

A summary of the public sources above, checked when it was published. General information, not legal, tax or financial advice.

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