According to Customs Data, Chinese export prices are increasing as growth is slowing. Meanwhile, the nation’s foreign trade with countries such as India, ASEAN members, Russia, Brazil and South Africa is growing.
The average price of Chinese exports rose 10.3 percent during the first eight months of this year, in comparison with the same period last year. The figure was 9.1 percentage points higher year-on-year.
However, export amount slowed by 21.8 percentage points to 12.1 percent.