By Ethan Wang and Joe Cash
BEIJING (Reuters) – China’s exports likely grew at the slowest pace in four months in August, as cooling global demand and mounting trade barriers threaten to dim a bright spot in the world’s second-largest economy.
Trade data on Tuesday is expected to show outbound shipments grew 6.5% year-on-year by value, according to the median forecast of 34 economists in a Reuters poll, down from a 7.0% pace recorded in July.
Inbound shipments likely increased by 2% last month, marking a steep drop from the 7.2% growth recorded in July that was bumped up by a low base from the previous year and a rush to stockpile chips ahead of expected U.S. tech curbs.
South Korea, a leading index for China’s tech imports, saw exports to China rise at a slower pace in August, after it soared to a 21-month high in July.
The likely downbeat August data adds to a string of recent economic indicators suggesting China is struggling to regain…
