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China’s exports fall unexpectedly in August, as trade war continues to slam industrial economy

1 min read

South China Morning Post/Finbar Bermingham and Willian Zheng/9-8-2019

“China’s exports fell unexpectedly in August, as the trade war with the United States continued to hit the world’s second-largest economy. Shipments fell by 1 per cent in the month after growing 3.3 per cent in July in dollar terms, and below the 2.1 per cent growth expected by analysts in a Bloomberg poll.”

USAGOLD note:  Economist will be watching in the coming months to see if the other side of the trade coin is price inflation in the United States.

Source: USA gold

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