Goldman sees China trade growth modestly higher in August
Goldman Sachs said China’s trade growth is likely to pick up modestly in August. The bank cited mild export recovery signals from shipping volumes and solid South Korea imports from China.
China's trade growth is likely to pick up modestly in August, according to Goldman Sachs in a research note.
On exports, high-frequency indicators such as shipping volumes point to a mild recovery, the bank says.
South Korea's reported imports from China remained solid, GS adds. "On imports, the on…