Financial News: China Exports Log Strong Growth On Tech Demand

China Exports Log Strong Growth On Tech Demand

09/08/2026 - 07:05:00 (RTTNews)

(RTTNews) - China's exports registered a notable growth in August, reflecting strong foreign demand for hi-tech products, official data showed Tuesday.

Exports increased 25.0 percent year-on-year in August, faster than the 23.9 percent growth in July, the General Administration of Customs said. The annual growth came in line with expectations.

At the same time, annual growth in imports accelerated to 28.2 percent from around 27.5 percent in July. However, the pace of growth was weaker than forecast of 30.0 percent.

As a result, the trade surplus rose to $119.09 billion from $112.5 billion in July. The surplus stood above the expected level of $118.6 billion. The surplus has remained above $100 billion for the fourth straight month.

China's exports to the United States increased 34.4 percent from the last year and shipments to the European Union climbed 6.6 percent.

Despite strong growth in imports, exports are set to lead to a new record-high trade surplus this year, ING economist Lynn Song said. This could intensify pressure from trading partners to rebalance terms of trade, he noted.

In recent months, external demand significantly outpaced domestic demand. Despite efforts taken to shore up domestic demand, this divergence persisted in August, the economist noted.

"Tariff risks and the durability of the tech investment cycle are the key factors to watch to see how long this strength will persist," Song added.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Eurozone Private Sector Growth At 41-Month High (01 hr(s), 17 min(s), 28 sec(s) ago)
(RTTNews) - The euro area private sector expanded at the fastest pace in nearly three-and-a-half y ...Full Story»

UK Services Activity Continues To Expand (02 hr(s), 15 min(s), 28 sec(s) ago)
(RTTNews) - The upturn in UK service sector output sustained in September with the recovery in new ...Full Story»

South African Private Sector Contracts In September (02 hr(s), 21 min(s), 28 sec(s) ago)
(RTTNews) - South Africa's private sector activity showed a downturn in September amid renewed ...Full Story»

Eurozone Sentix Investor Confidence Weakens (02 hr(s), 40 min(s), 28 sec(s) ago)
(RTTNews) - Eurozone investor confidence deteriorated in October as weakening expectations raised ...Full Story»

Turkey Inflation Eases To 29.73%, Lowest In Nearly 5 Years (03 hr(s), 51 min(s), 28 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation moderated further in September to the lowest lev ...Full Story»

Swedish Services Growth Hits 10-month High (04 hr(s), 47 min(s), 28 sec(s) ago)
(RTTNews) - The Swedish service sector expanded at the fastest pace in nearly a year in September, ...Full Story»

Eurozone Producer Price Inflation Accelerates (04 hr(s), 55 min(s), 28 sec(s) ago)
(RTTNews) - Eurozone producer price inflation accelerated in August due to the sharp increase in e ...Full Story»

Estonia Industrial Output Growth Strongest In 7 Months (06 hr(s), 06 min(s), 28 sec(s) ago)
(RTTNews) - Estonia's industrial production expanded at the quickest pace in seven months in A ...Full Story»