Sep 08, 2015

China trade shrinks in latest sign of economic weakness

HONG KONG (AP) — Chinese exports and imports contracted in August in the latest sign of weakness for the world's second-biggest economy. Customs data posted online Tuesday showed that shipments of goods last month shrank 5.5 percent in dollar terms compared with a year earlier while imports tumbled by 13.8 percent. Julian Evans-Pritchard of Capital Economics predicted that trade growth would...

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