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Chinese exports grow at slowest rate in 6 months

Shipments to US fall 33% in August as trade war with Washington weighs on economy

China’s exports grew at the slowest pace in six months in August, as trade tensions with the US continued to weigh on the country’s economic outlook.

Exports added 4.4 per cent in dollar terms last month on a year earlier, according to data released by China’s customs administration on Monday, missing forecasts in a Reuters poll and trailing 7.2 per cent growth in July.

Imports rose 1.3 per cent, also at a slower pace than expected and less than July’s figure of 4.1 per cent.

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