China's export growth weakened in August as global demand softened while imports showed unexpected strength despite expectations of a slowdown in the world's second-largest economy. Exports rose 5.5 percent over a year earlier to $199.2 billion, down from July's 7.2 percent growth, trade data showed Friday. Imports rose 13.3 percent to $157.2 billion, up from the previous month's 11 percent. China's global trade surplus declined by 19 percent in August from a year earlier to $42 billion. China's trade surplus with the 28-nation European Union, its biggest trading partner, shrank 14 percent to $11.7 billion.

Source: ABC News September 08, 2017 04:43 UTC