China Sept trade balance surges, exports show good momentum

FXStreet (Bali) – China trade balance came in at 376.20 bn yuan vs $292.41 bn yuan expected and 368 bln yuan last. Exports were -1.1% vs -7.4% exp and -6.10% last, while imports were -17.7% vs -16.5% expected and -14.3% last.

According to China Customs, in a headline via Bloomberg, exports narrowing fall shows good momentum, adding that foreign trade still faces difficulties, Reuters reports.

China trade balance came in at 376.20 bn yuan vs $292.41 bn yuan expected and 368 bln yuan last. Exports were -1.1% vs -7.4% exp and -6.10% last, while imports were -17.7% vs -16.5% expected and -14.3% last.

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