China’s export growth probably edged up from extreme low levels in August while a slump in import was seen deepening, according to a Reuters poll, reflecting concerns that the world’s second-largest economy may have cooled further in the third quarter.
Any sign of China’s slowdown being prolonged is likely to harden expectations that Beijing will take steps to boost an economy that has already slowed for six straight quarters and is at risk of missing this year’s target of 7.5 percent growth.
The median forecast of 22 analysts surveyed by Reuters showed China’s exports grew 3 percent in August from a year earlier, while annual growth in imports cooled to 3.5 percent from July’s 4.7 percent.
The monthly trade surplus is seen shrinking to $19.8 billion, from July’s $25.1 billion.
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