Beijing (dpa) - China's September exports rose 9.9 percent from a
year earlier, the government said Saturday, fueled by strong demand
ahead of the holiday shopping season and government stimulus
September's export volume, which totaled 186 billion dollars, exceeded estimates and was well ahead of August's 2.7 percent increase.
Imports rose 2.4 percent year-on-year, ending three consecutive months of decline. China's trade surplus rose slightly to 27.7 billion dollars.
The world's second-largest economy has been affected by weak demand by US and European economies. Last week, the World Bank cut its growth forecast for China this year from 8.2 per cent to 7.7 percent.
Beijing hopes to increase its foreign trade by 10 percent in 2012 but so far has achieved only a 6.2 percent gain.
Most Popular Stories
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Georgia GOP Preaches Minority Outreach
- GM Joins Nissan to Supply Small Cargo Vehicle
- Ford's Supplier Diversity Program Turns 35
- Ford Trucks See Boost as Roadshow Reaches Saudi Arabia
- Kerry Concerned Over Blasphemy Laws, Anti-Semitism
- GM to Rejoin S&P 500, Akerson Says
- Ladies in White Group Needs Help From Abroad
- NTSB Wants to Lower Blood Alcohol Limit to 0.05