China's Exports and Imports Rise in August

China's exports in yuan-deominated terms rose 5.9% year on year in August, while imports increased 10.8%, the Chinese customs data showed on Thursday. 

That led to a monthly trade surplus of 346 billion yuan (51.9 billion US dollars), down 5.1% from a year earlier, according to figures from the General Administration of Customs (GAC), reported by state news agency (Xinhua). 
Foreign trade in the first eight months was down 1.8% from a year earlier, with exports dropping 1% and imports falling 2.9%. 
Trade surplus for the first eight months widened 5% from a year earlier to 2.31 trillion yuan. 
Foreign trade with the European Union, China's biggest trade partner, climbed 3.5% year on year in the first eight months, GAC data showed. 
In the same period, foreign trade with the United States, China's second-biggest trade partner, fell 3.2%, and that with ASEAN, its third-largest trade partner, declined 1.1%.

Source : QNA