China’s exports grew 8.7% year-on-year in August and imports grew 0.5%, compared to the forecast of 6.5% and 2% in a Reuters poll.
Asia-Pacific markets were higher on Tuesday, following gains on Wall Street that saw both the S&P 500 and Nasdaq Composite rebound from their worst week of the year.
China's exports grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed on Tuesday, compared to the forecast of 6.5% and 2% in a Reuters poll.The S&P 500 gained 1.16%, after posting its worst week since March 2023. The Nasdaq Composite also jumped 1.16% following its worst week in more than two years.grew 8.7% year-on-year in August and imports grew 0.5%, customs data showed, compared to the forecast of 6.5% and 2%, respectively, in a Reuters poll.
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