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China’s August Imports Fall Unexpectedly but Exports Buoyant

Posted September 08, 2014

Under Economic Issues, International Trade Issues

(Reuters)

China’s import growth unexpectedly fell for the second consecutive month in August, posting its worst performance in over a year and stoking speculation about whether authorities should loosen policy further to revive domestic demand.

Imports by the world’s second-biggest economy fell 2.4% in August compared with a year ago, the General Administration of Customs said on Monday, missing a Reuters estimate for a 1.7% rise. Read more here.