Trade Cases
September 10, 2019
Trade War Impacts China Exports in August
Written by Sandy Williams
So far, China has held its own in the prolonged trade war with the U.S., but August saw an unexpected decline in exports. China’s exports fell 1.0 percent in August after gaining 3.3 percent in July. Imports declined 5.6 percent, resulting in an overall trade surplus of $34.84 billion, said China’s General Administration of Customs.
Exports to the U.S. plunged 16 percent to $36.33 billion after declining 6.5 percent in July. Imports from the U.S. to China fell 22.3 percent, leaving China with a trade surplus of $25.95 billion with the U.S.
