China's September trade surplus was $28.47 billion — the lowest since March 2017. China has reported strong trade figures for September with imports surprising on the upside, rising 18.7% YoY in dollar terms, against analysts' expected jump of 13.5%. Dollar-denominated exports fell slightly short of the 8.8% forecast, but remained robust, up 8.1% YoY, improving on the August figure. The Chinese economy is still growing at a healthy pace, and it should continue to do so this year, as long as policy makers keep their foot firmly planted on the accelerator.
China has reported strong trade figures for September with imports surprising on the upside, rising 18.7% YoY in dollar terms, against analysts' expected jump of 13.5%. Dollar-denominated exports fell slightly short of the 8.8% forecast, but remained robust, up 8.1% YoY, improving on the August figure. The Chinese economy is still growing at a healthy pace, and it should continue to do so this year, as long as policy makers keep their foot firmly planted on the accelerator.