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
- Rackspace Ends Talks About Possible Acquisition
- Mercedes Rolls Out S550 Plug-in Hybrid
- Missouri GM Plant Adding 750 jobs
- Poverty Rate Drops for First Time Since 2006
- Aaron Hernandez: I Felt Helpless to Refuse Police
- Parameters Being Drawn for IS Action
- Cedeno Named USHCC Businessman of the Year
- Anheuser-Busch, Visa Voice NFL Disapproval
- Can Kobach Keep Taylor's Name on Ballot?
- Two-thirds of Hispanics Doubt Media Accuracy