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Asian Economic News

China's Exports Fall More Than Forecast In September

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

China's exports declined more than expected in September, data from customs office showed Thursday.

Exports dropped 10 percent in September from prior year, much bigger than the expected fall of 3.3 percent.

At the same time, imports slid 1.9 percent annually, confounding expectations for an increase of 0.9 percent.

As a result, the trade balance showed a surplus of $42 billion compared to the expected level of $53 billion.

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