The Fact News Service
China’s imports grew at their fastest pace this year in September, while exports extended their strong gains as more trading partners lifted coronavirus restrictions in a further boost to the world’s second-biggest economy.
According to reports, exports in September rose 9.9 per cent from a year
earlier, customs data showed on Tuesday, broadly in line with analysts’
expectations for 10 per cent growth and up from a solid 9.5 per cent increase in August.
The strong trade performance suggests Chinese exporters are making a brisk recovery from the coronavirus pandemic’s hit to overseas orders. Imports surged 13.2 per cent, returning to growth from a slump of 2.1 per cent in August and much stronger than expectations for a 0.3 per cent increase.
(story sourced through inputs from agencies)