New Delhi, Sept. 8 -- China's exports grew last month but at a slower pace than in recent months, the country's customs agency said Monday.
Exports reached $321.8 billion in August, a 4.4% increase compared to the same month last year. That was down from a 7.2% jump in July. Meanwhile, imports totaled $219.5 billion, a 1.8% rise.
China's large trade surplus has become a contentious issue with major trading partners including the U.S. and the European Union. Low-priced Chinese imports are a boon for consumers but can lead to job cuts in manufacturing.
In the first eight months of the year, China's exported $785.3 billion more in goods and services than it imported from other countries, the monthly customs data showed.
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