TLTP
\nBEIJING
\nChinese exports rose for the third consecutive month in August, up by a solid 9.5 percent from a year earlier, customs data showed on Monday. That\u2019s the strongest gain since March 2019.
\nThe figure is also better than analysts\u2019 expectations of 7.1 percent growth. It eclipsed an extended fall in imports, which were down 2.1 percent in August, compared with a 1.4 percent fall in July.
\nThe strong exports come as more of China\u2019s trading partners relax coronavirus lockdowns in a further boost to the recovery of the world\u2019s second-biggest economy.
\n\u201cChina\u2019s exports continue to defy expectations and to grow significantly faster than global trade, thus gaining global market share,\u201d said Louis Kuijs of Oxford Economics.
\nThe country\u2019s factories reported the first increase in new export orders this year in August due to the overseas demand revival.
\nThat also led to a further expansion in production, marking the sharpest gain in almost a decade. Export growth was boosted by record shipments of medical supplies and robust demand for electronic products.
\nData showed that China posted a trade surplus of $58.93 billion last month, compared with the $62.33 billion surplus in July.<\/p>\n","protected":false},"excerpt":{"rendered":"
TLTP BEIJING Chinese exports rose for the third consecutive month in August, up by a solid 9.5 percent from a year earlier, customs data showed on Monday. That\u2019s the strongest gain since March 2019. The figure is also better than analysts\u2019 expectations of 7.1 percent growth. It eclipsed an extended fall in imports, which were […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-143129","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"\n