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China trade figures for September surpass expectations


China trade figures for September surpass expectations

Official data has shown China’s exports and imports for the month of September far higher than expected.

Exports were 15.3 percent higher than last year, while imports rose seven percent, giving a trade surplus of 31 billion dollars for the month.

Experts had predicted a rise of around 12 percent in exports and a fall of up to three percent in imports.

China’s economy has struggled to maintain growth this year with weak factory activity and slowing domestic demand from a cooling housing market.

Despite the impressive figures some analysts remain hesitant on future export growth because of the state of the economy.

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