China Exports Rise Less Than Expected In September

Marco Green
October 13, 2017

China's exports grew for a seventh straight month in September, on continued strength in external demand for goods from the world's second-largest economy.

China's exports grew at a slower-than-expected pace in September, data from the General Administration of Customs showed Friday.

Exports rose 8.1%, below forecasts of 8.8% but handily beating August's 5.5%.

Imports had been expected to rise 13.5 percent, roughly in line with the 13.3 percent expansion seen in August.

China's economic data have been showing robust growth ahead of leadership changes set to happen at the upcoming Party Congress.

The trade surplus was the lowest in six months.

Trade surplus stood at $28.5 billion in September, down from $40.4 billion a year ago and less than the median estimate of $38 billion among economists.

That is the joint-highest monthly level this year, tying the figure from March.

China is also in the midst of its toughest environmental crackdown ever, ordering many mills, chemical plants and coal companies to sharply reduce output or close in coming months to reduce the country's notoriously thick winter smog.

Other reports by Click Lancashire

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