China's Exports Jump 25% in August as Trade Surplus Hits $119.1B Ahead of Trump-Xi Summit

China’s exports accelerated in August, jumping 25% from a year earlier on strong demand for autos and high-tech goods. Imports also climbed 28.2% in August year-over-year, outpacing July’s 27.5% rise. The nation's trade surplus widened to $119.1B, expanding from $112.5B the previous month. The massive trade data arrives ahead of U.S. President Donald Trump’s planned late September meeting with Chinese leader Xi Jinping, though Beijing has not yet confirmed the exact date.