You are here: Home - Investing - Experienced Investor - News -

China reports surprise export growth in September

Written by:
China's export and import growth in September has beaten analyst expectations.

Economists had predicted a 12% rise in exports compared to last year and a fall of up to 3% in imports, the BBC reports. However, official data recorded exports were 15.3% higher than last year, while imports rose 7%.

At the same time, the trade surplus decreased more than the anticipated, to $31bn. In August, the trade surplus was $49.8bn.

Concerns over a China slowdown have focused attention on the economic data in recent months. 

In September, China’s central bank revealed plans to inject a fresh round of capital into its banking system.

The People’s Bank of China plans to inject 500 billion yuan (£50bn) into the country’s largest banks in the latest move yet to halt China’s economic slowdown.

Tag Box

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Flight cancelled or delayed? Your rights explained

With no sign of the problems in UK aviation easing over the peak summer period, many will worry whether holida...

Rail strikes: Your travel and refund rights

Thousands of railway workers will strike across three days this week, grinding much of the transport system to...

How your monthly bills could rise as the base rate reaches 1.25%

The Bank of England has raised the base rate to 1.25% as predicted – the fifth consecutive rise in just six ...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week