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Continuous Yuan Appreciation Significantly Hurt China Export Value in August
Sep 8, 2017 11:50Source:SMM
China’s yuan-based import and export value both rose in August.
SHANGHAI, Sept. 8 (SMM) - China’s yuan-based import and export value both rose in August. But export value reported narrower gains compared to July due to yuan’s continuous appreciation.
Offshore Yuan Refreshes Nearly 18-Month High against US Dollar
Import value increased 6.9% YoY, compared to 8.7% estimated and 11.2% growth in July.
China Trade Surplus Shrinks in August
Export value rose 14.4% YoY, versus estimation of 11.7% and a 14.7% rise in July.
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import and export value
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