BofA: China export growth seen reaccelerating to 25% in August
BofA Securities says China’s strong trade momentum likely persisted in August. It expects export growth in dollar terms to reaccelerate to 25% year on year from 23.9% in July, supported by chip and automobile shipments.
China's strong trade momentum likely persisted in August, according to BofA Securities in a research note.
The country's export growth in dollar terms is expected to reaccelerate to 25% on year in August from 23.9% in July, supported by continued strength in chip and automobile shipments, the bank…