{"id":71686,"date":"2022-09-07T16:34:02","date_gmt":"2022-09-07T12:34:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=71686"},"modified":"2022-09-07T16:34:29","modified_gmt":"2022-09-07T12:34:29","slug":"chinas-export-growth-slows-more-than-expected-in-august","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/chinas-export-growth-slows-more-than-expected-in-august\/09\/07\/market-updates\/","title":{"rendered":"China&#8217;s export growth slowed more than expected in August"},"content":{"rendered":"\n<p>The growth of Chinese exports slowed down in August to post 7.1% on an annual basis from a growth of 18% recorded in July, compared to expectations of a growth of 12.8%, at a time when the Corona pandemic is still casting a shadow on Chinese cities and factories located in them, with continued closures of factories and neighbourhoods.<\/p>\n\n\n\n<p>The growth of imports slowed down significantly during August to reach 0.3%, from 2.3% growth in July, against expectations of 1.1%.<\/p>\n\n\n\n<p>As a result of this slowdown, China&#8217;s trade balance surplus fell to $79.39 billion in August from a surplus of $101.26 billion in July.<\/p>\n\n\n\n<p>The Chinese trade balance surplus reached record levels in February 2022, when it recorded about $116 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The growth of Chinese exports slowed down in August to post 7.1% on an annual basis from a growth of 18% recorded in July, compared to expectations of a growth of 12.8%, at a time when the Corona pandemic is still casting a shadow on Chinese cities and factories located in them, with continued closures &hellip;<\/p>\n","protected":false},"author":9,"featured_media":33345,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6832,7523,6846,7015,6909],"class_list":["post-71686","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-china","tag-lockdown","tag-oil","tag-usd-cad","tag-wti"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=71686"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71686\/revisions"}],"predecessor-version":[{"id":71690,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/71686\/revisions\/71690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33345"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=71686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=71686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=71686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}