Chinese Exports Fell Less Than Expected in September

China’s September exports fell 3.7 percent from a year earlier, less than analysts had expected, while imports fell by 20.4 percent, their 11th consecutive month of decline.

That left the country with a trade surplus of $60.34 billion for the month, the General Administration of Customs said on Tuesday, slightly higher than expected.

Analysts polled by Reuters had predicted exports would fall 6.3 percent after a drop of 5.5 percent in August.

Imports had been expected to drop 15 percent, following a 13.8 percent decline in August.

Combined exports and imports fell 8.1 percent in the first nine months of the year from the same period in 2014, well below the full-year official target for growth of 6 percent.

Via Reuters

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