China’s trade likely lost steam in Aug as demand shrinks – Reuters poll
BEIJING : China's export growth likely lost steam in August amid weakening global demand, while imports were also seen slowing due to sluggish consumption and a property crisis, raising concerns about economic momentum, a Reuters poll showed on Monday.
Exports in August were expected to have risen 12.8 per cent from a year earlier, according to the median forecast of 26 economists in the poll, after growing 18.0 per cent in July.
The double-digit growth suggested booming exports remained one of the major drivers of the world's second-biggest economy, but analysts expect them to slow as surging inflation cripples overseas demand and China's zero-COVID policy disrupts production and business activity.
"We see signs of slowing export momentum in August. Domestically, trade-related cargo th...









