Slowdown-hit China's yuan-denominated exports fall 6.1% in August

China’s exports denominated in yuan fell 6.1 percent in August from a year earlier, local media reported on Tuesday. Imports fell 14.3 percent in yuan terms, sina.com said on its microblog Weibo Feed, without citing its sources. [caption id=“attachment_2425302” align=“alignleft” width=“380”] Reuters[/caption] That produced a monthly trade surplus of 368 billion yuan ($57.80 billion). August trade figures in dollar terms were expected to be published later. Exports were expected to drop 6.0 percent in August in dollar terms compared with a year earlier, after dipping 8.3 percent in July, a median forecast of 20 analysts polled by Reuters showed. Imports likely shrank for a 10th straight month, slipping 8.2 percent, following a drop of 8.1 percent in July, reflecting both weak global commodity prices and persistently soft domestic demand. Reuters