BEIJING, China – China’s trade improved in September, possibly easing fears of a deeper slowdown in the world’s No. 2 economy.
The Customs Administration said Monday that exports totalled 1.315 trillion yuan ($214 billion), up 15.2 per cent from the same month last year, while imports of 1.125 trillion ($183 billion) were up 6.9 per cent.
Exports grew 9.4 per cent in August while imports shrank for a second month in a row, suggesting China’s economy was continuing to slow.
September’s trade also improved on a sequential month basis with exports up 2.6 per cent from August.