China’s exports fell again in September, even as the economy continued to suffer from a sputtering property sector and lackluster consumer demand.
The country’s exports, a key driver of the world’s second-largest economy, fell 6.2% compared with the same period a year earlier, the General Administration of Customs said Friday. In August, exports declined 8.8% on year,
The reading was better than the 7.5% decline tipped by a Wall Street Journal poll of economists.
China’s imports dropped 6.2% on year in September, compared with a 7.3% fall in August, official data showed. The survey of economists had anticipated imports would decline 5.0%.
China’s September trade surplus was $77.71 billion, larger than the $68.2 billion surplus in August and expectations for a $71.8 billion surplus.
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