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China's August Foreign Trade Seen Rising: Daily

CHINA PRESS
MNI (Sydney)

China's foreign trade should continue its momentum in August as company's back orders cleared and domestic consumption rose, reported Securities Daily on Monday citing analysts. Fu Yifu of the Suming Financial Research Institute told the Daily that China continues to explore new growth opportunities with other nations through the Belt and Road Initiative. These included countries with existing free trade agreements with China and others that have the pandemic relatively under control, Fu said. Total foreign trade value in July was CNY 2.93 trillion, up 6.5% y/y.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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