Export Growth Eases Fears of a Hard Landing

China’s exports grew more than expected in September, temporarily easing worries of a sharper downturn in the global economy, though analysts warned the pick-up might not be sustainable.


Exports totalled USD86.35 billion last month, up 9.9% year on year, figures from the General Administration of Customs yesterday showed.


On the import side, the figures were in line with market expectations, recording moderate growth of 2.4% year on year in September after a contraction of 2.6% in August. 


~ SCMP, October 14, 2012~

Cargo Service Far East Ltd. © 2024 Cargo Services Far East Ltd.