BEIJING: China's trade dropped in August as high energy prices, inflation and anti-coronavirus measures weighed on global and Chinese consumer demand, while imports of Russian oil and gas surged.
Exports rose 7 percent over a year ago to $314.9 billion, decelerating from July's 18-percent expansion, data from China's General Administration of Customs showed on Wednesday. Imports contracted by 0.2 percent to $235.5 billion, compared with the seventh month's already weak 2.3-percent growth.
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