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Data published by  the General Administration of Customs of China over the weekend showed that   China’s trade surplus with the US narrowed to  $26.95 billion in August from $27.97 billion in July. Further details of the report revealed that the trade surplus with the US from January to August was $195.45 billion.

Additionally,  China’s exports fell 1% in August on a yearly basis to reflect the negative impact of the trade conflict while imports fell 5.6% in the same period to bring the trade surplus down to $34.84 billion from $45.06 billion compared to analysts’ estimate of $43 billion.