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China’s exports shrank unexpectedly in August, trade with US fell at faster pace

China’s exports unexpectedly shrank in August, as shipments to the US slowed sharply while imports fell for the fourth consecutive month, indicating further weakness in the world’s second-largest economy amid a prolonged trade war with the United States.

The exports in USD terms fell 1 per cent last month from a year earlier, the biggest drop since June, when it fell 1.3 per cent, showed data . . .

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