Business · Trade · 49 mins ago

China’s exports and imports grew sharply in September

China’s exports and imports grew sharply in September

China’s exports rose 36.3% in September to US$447.18 billion, customs data showed.

The increase was driven by strong global demand for technology goods and a rush to ship products before China’s Golden Week holiday.

Imports also climbed, rising 31% to US$313.65 billion.

Exports were shipments from China to other countries, while imports were goods brought into China.

The trade surplus reached US$133.53 billion because exports were worth more than imports.

Both growth rates were higher than economists had forecast, and export growth accelerated from August’s 25%.

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