Exports, the Engine of China’s Slowing Economy, Are Sputtering

HONG KONG—The export growth that has powered China’s economic system by way of the pandemic decelerated in August, reflecting the impression from rising inflation and slowing development elsewhere on the earth.

The slowdown in exports threatens to erode the pillar that has held up development on the earth’s second-largest economic system, as contemporary Covid-19 lockdowns in main Chinese language cities are additional restraining spending and the world economic system edges nearer to recession. China has been struggling to shake off the consequences of its zero-tolerance Covid insurance policies and a downturn within the property market.