China September exports fall more than expected, imports back in contraction

China September exports fall more than expected, imports back in contraction
 

China's September exports fell 10 percent from a year earlier, far more than markets had expected, while imports unexpectedly shrank 1.9 percent after an encouraging bump up in August, official data showed on Thursday.
That left the country with a trade surplus of $41.99 billion for the month, the General Administration of Customs said.
China's exports in the first nine months of the year fell 7.5 percent from the same period a year earlier, while imports dropped 8.2 percent.
Analysts polled by Reuters had expected imports to rise 1 percent, after unexpectedly expanding 1.5 percent in... read more

 
13 October 2016 in Business, Views: 54
Source: Reuters
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