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Trade

China export growth unexpectedly picks up in boost to economy

August data shows shipments grew at a faster-than-expected rate of 25.6%

A container terminal at Ningbo Zhoushan port, Zhejiang Province. China's trade surplus with the United States rose to $37.68 billion in August.   © Reuters

BEIJING (Reuters) -- China's exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world's second-biggest economy as it navigates its way through headwinds on several fronts.

China staged an impressive recovery from a coronavirus-battered slump, but economic momentum has weakened recently due to the Delta variant-driven COVID-19 outbreaks, high raw material prices, slowing exports, tighter measures to tame hot property prices and a campaign to reduce carbon emissions.

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