China's imports, exports fall in August as economy struggles

04:32

More Videos

In The Belly of AI | Storyteller | Trailer

Raising Expectations: The Truth About AI | Series | Teaser

DNA Business: A Gene Gold Rush | Storyteller | Trailer

Unique water sports experiences of Bosnia and Herzegovina

How is the AI adoption in the Balkan countries?

Kosovo still searching for loved ones three decades after the war

Will justice ever be served for Kosovo war victims?

Ghana’s president: We must end Africa’s “dependency syndrome”| Bigger Than Five Promo

Ghana’s president: We must end Africa’s “dependency syndrome” | Bigger Than Five

Connecting Europe & Asia: Uzbekistan’s Digital Silk Road | NexTech

Asia Pacific

China's imports, exports fall in August as economy struggles

China's exports tumbled for a fourth consecutive month in August, in another hit to the manufacturing sector in the world's second-largest economy. Shipments abroad fell by 8.8% in dollar terms from a year ago, while imports dropped 7.3%. August's contraction was less severe than expected, and better than July's decline of 14.5%-- the worst since the start of the pandemic. Exporters have struggled with high global inflation as Western consumers cut back on electronics purchases, as domestic demand also slows.