Growth in China’s exports and imports was expected to slow in dollar terms in August data due to be released later on Friday.
China was due to report the August trade data after 10 a.m. SIN/HK time as market watchers keep their eyes on the health of the world’s second-largest economy ahead of a key Communist Party meeting in October.
Analysts polled by Reuters expect a 6.0 percent rise in Chinese exports in August from a year ago in dollar terms. August imports are forecast to rise 10.0 percent in the same period.
In July, China reported a 7.2 percent increase in imports and a 11.0 percent on-year rise in exports in dollar terms.
China’s economic data have been showing robust growth ahead of leadership changes later this year.
But many expect the mainland’s economy to slow in the second half of the year due to a crackdown on debt and as the property market cools.
Source: cnbc china
Growth in China's exports and imports forecast to slow in August