| China's September export value increases 9.9pc, setting monthly record |
Oct.17--CHINESE exports grew 9.9 per cent to produce a monthly record in September to US$186.4 billion, beating expectations, reported the Wall Street Journal.
Economists only expected five per cent export growth and two per cent import growth for the month, said the report.
The good news comes ahead of third quarter GDP growth figures expected on Thursday, which economists expect will show the slowest growth in more than three years.
Citigroup economist Ding Shuang questioned how sustainable current trade growth is, saying "it remains to be seen whether import and export growth can remain at these levels".
(Source:shippingazette) |
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