China is starting to see the consequences of the escalating trade war with the United States. Sales to the US were 16 percent lower last August than a year earlier, when the trade war between the two countries flared up.

Total Chinese exports fell by 1 percent in dollars compared to a year earlier, while imports fell by 5.6 percent. This left a trade surplus of just under 35 billion dollars (31.5 billion euros), according to figures from the Chinese customs.

Economists had predicted that exports would grow by 2.2 percent, while imports would fall by 6.4 percent.

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