Executive Briefings

China September Exports Fall More Than Expected, General Administration of Customs Reports

China's September exports fell 10 percent from a year earlier, while imports shrank 1.9 percent after picking up in August, suggesting signs of steadying in the world's second-largest economy may be short-lived.

China September Exports Fall More Than Expected, General Administration of Customs Reports

That left the country with a trade surplus of more than $41bn for the month, the General Administration of Customs said.

Analysts polled by Reuters had expected imports to rise 1 percent, after unexpectedly advancing 1.5 percent in August for the first time in nearly two years on stronger demand for coal as well as other commodities such as iron ore which are feeding a construction boom.

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That left the country with a trade surplus of more than $41bn for the month, the General Administration of Customs said.

Analysts polled by Reuters had expected imports to rise 1 percent, after unexpectedly advancing 1.5 percent in August for the first time in nearly two years on stronger demand for coal as well as other commodities such as iron ore which are feeding a construction boom.

Read Full Article

China September Exports Fall More Than Expected, General Administration of Customs Reports