Go Back
China's exports weaken in September, imports up 0.3%
By AP News - Oct 23, 2022, 10:42 PM ET
Last Updated - Jun 24, 2023, 01:46 AM EDT
China’s export growth weakened in September while imports rebounded from a contraction as economic growth improved
BEIJING (AP) — China's export growth weakened in September while imports rebounded from a contraction as Chinese economic growth improved.
Exports rose 5.7% over a year earlier to $322.8 billion, down from August's 7% growth, official data showed Monday. Imports gained 0.3% to $238 billion, recovering from the previous month's 0.2% contraction.
Sponsored
The figures were in line with expectations that Chinese exports were likely to weaken as global consumer demand cools at a time when the Federal Reserve and central banks in Europe and Asia are raising interest rates to rein in surging inflation.
By continuing to use this site, you agree to our terms and conditions
Sponsored
Read More from Business
Popular News
Latest News
