China foreign trade decline widens to $320.8 billion in AugustStaff writer ▼ | September 9, 2015
China's foreign trade in August dropped 9.7 percent year on year to 2.04 trillion yuan ($320.8 billion), a steeper decline than the 8.8 percent contraction in July, official data showed.
China Exports fell 6.1 percent
Trade surplus expanded by 20.1 percent to 368 billion yuan in August.
In the first eight months of 2015, foreign trade slipped 7.7 percent year on year to 15.67 trillion yuan, the GAC figures showed.
Exports dipped 1.6 percent to 8.95 trillion yuan in the Jan.-Aug. period, while imports fell 14.6 percent to 6.72 trillion yuan.
In the first eight months, trade surplus jumped 80.8 percent to 2.23 trillion yuan, according to the GAC. ■