September 7, 2023 8:00 PM

China's exports drop for fourth month as it struggles with weak demand at home & abroad

China reported another monthly decline in imports and exports today. China's exports have dropped for the fourth month in a row as it struggles with weak demand at home and abroad. Exports fell by 8.8% in August compared with a year earlier, while imports dropped by 7.3%.   China is facing several post-pandemic challenges, including a property crisis and weak consumer spending. There has been a slump in global demand for Chinese-made goods in the wake of coronavirus and the ongoing t...