BEIJING: China’s September exports beat expectations, rising 5.7% y/y. Meanwhile, imports fell short of expectations, he rose 0.3%, customs data showed on Monday.
Analysts polled by Reuters had expected export growth to slow to 4.1% from 7.1% in August.
Imports were forecast to rise 1.0% after rising just 0.3% in August as domestic demand remained weak.
China posted a trade surplus of $84.74 billion in September, while polls predicted a surplus of $81 billion and a surplus of $79.39 billion in August.
https://www.channelnewsasia.com/business/chinas-sept-exports-grow-57-beat-forecasts-imports-weak-3022341 China’s September exports grow 5.7%, better than forecast, imports weak