Sunday, October 12, 2014

China’s Exports Surge

China’s exports surged 15.3 percent in September from the year-ago period, data showed on Monday, beating the 11.8 percent gain expected in a Reuters poll and after rising 9.4 percent in August.

Imports also unexpectedly rose 7 percent, versus forecasts for a decline of 2.7 percent and following a fall of 2.4 percent in August.

The country’s trade surplus narrowed to $31 billion from a record high of $49.8 billion in August.

CNBC

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