German exports to China rise 2.9pc

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Germany’s exports to China in August rose 2.9 percent month-on-month to 9.2 billion euros (9.1 billion U.S. dollars), according to provisional data published by the Federal Statistical Office (Destatis) on Wednesday.

With imports from China rising 2.2 percent to 15.4 billion euros, China remained Germany’s biggest foreign trade partner in August, Destatis said.

With slight increases in both total exports and imports, Europe’s largest economy had a foreign trade surplus of 3.4 billion euros in August, around 10 billion euros less than a year ago. Germany’s foreign trade surplus has continuously declined over the last five years.—Xinhua

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