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78FINANCE

China's exports surged 25% in August, widening its trade surplus

⚡ Markets: Stronger-than-expected Chinese export data suggests resilient global demand and Chinese manufacturing, which is positive for global growth sentiment, commodity prices, and shipping stocks. It may also intensify trade tensions.CNYAUDCopper

China's exports grew by 25% year-on-year in August, far exceeding expectations and pushing its trade surplus to a record high for the year. The growth was driven by strong demand for high-tech products, including AI-related components and automobiles.

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