Chinese Exports Top Forecasts but Imports Slow Sharply

A cargo ship loaded with containers berths at a port in Lianyungang, in eastern China's Jiangsu province on August 7, 2024. AFP

China’s exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country’s leaders struggle to boost consumption in the world’s second-largest economy.

Overseas shipments expanded 8.7 percent on-year last month, according to China’s General Administration of Customs, picking up speed from 7.0 growth in July.

  • Get a daily email packed with the latest China-Africa news and analysis.
  • Read exclusive insights on the key trends shaping China-Africa relations.
  • Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.

China, Africa and the Global South... find out what’s happening.

Subscribe today for unlimited access.

OR

Already a subscriber? Log in Click Here to Learn More
by Agence France-Presse

Most Read

1
Developing Countries’ Debt Servicing Costs to China Are Significant, but Nowhere Near as Much as Other Creditors
2
China, U.S. Ink Rare Earth Deal; More Trade Pacts Coming
3 Chinese Military Fans Discuss Why Indonesia Bought Rafale Instead of J-10C
4
Six Million Donkeys Slaughtered for Chinese Medicine: Charity
5
Chinese-Moroccan Joint Venture Inaugurates EV Battery Parts Plant
6
Rubio to Welcome Asian ‘Quad’ Back to Washington

You Might Like

The U.S. Has a Lot of Ground to Make Up If It Wants to Compete With China and Europe on Trade With Africa

While U.S. corporate and political elites meet virtually this week with African stakeholders to discuss revitalizing trade between the two regions, it’s worth noting just how much work there is to be done, ...

Two Day U.S.-Africa Business Summit Kicks Off Today As Part of White House Push to Revitalize Trade With the Continent

After years of sitting on the Africa summit sidelines, the United States is getting back in the game with the start of a two-day online business forum that starts on Tuesday. The gathering ...

In What Could be An Ominous Sign For Other Developing Countries, Vietnam Reports Severe Supply Shortages From China

Electronics retailers in Ho Chi Minh City, Vietnam’s southern commercial hub, are reporting acute shortages of laptops, mobile phones, and other electronic devices imported from China. Logistics experts there say the disruptions are ...

Lots Going on This Week in the China-Kenya Business Development Space

A new Kenya-China Chamber of Commerce (KCCC) launched this week in Nairobi to help foster closer ties between the local Chinese business community and Kenyan stakeholders. The new group will be led by the ...

What is The China-Global South Project?

Independent

The China-Global South Project is passionately independent, non-partisan and does not advocate for any country, company or culture.

News

A carefully curated selection of the day’s most important China-Global South stories. Updated 24 hours a day by human editors. No bots, no algorithms.

Analysis

Diverse, often unconventional insights from scholars, analysts, journalists and a variety of stakeholders in the China-Global South discourse.

Networking

A unique professional network of China-Africa scholars, analysts, journalists and other practioners from around the world.

More about CGSP