China today said its foreign trade in August decreased 9.7 per cent year on year to about 320.8 billion US dollars. The country's foreign exchange reserves also fell for the fourth straight month to 3.56 trillion US dollars in August, down by a record 93.9 billion US dollars from the previous month.Meanwhile, a state-run think-tank Shanghai Institutes for International Studies said that China's economic slowdown will not affect India directly but the resultant global sluggishness may have a bearing on the Indian economy.In an article in the state-run Global Times, it said the success of the Indian economy is more linked to internal factors. The Chinese Think-tank called on the two Asian giants to work on complementary approaches to protect their interests.