August exports beat analysts' expectations, but imports were well below estimates.Costfoto/NurPhoto/Getty ImagesChina's exports surged 8.7% in August, hitting a two-year high of nearly $309 billion.Despite strong exports, China's domestic demand remains weak, with imports up just 0.5%.Data suggest Chinese exporters are slashing prices to boost shipments overseas.China's exports are booming, but profits could be under pressure, recent data from the country showed.China's exports rose 8.7% in August from a year ago to nearly $309 billion — a two-year high, official data showed on Tuesday.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News