China Sept trade balance surges, exports show good momentum
|By FXStreet FXStreet (Bali) – China trade balance came in at 376.20 bn yuan vs $292.41 bn yuan expected and 368 bln yuan last. Exports were -1.1% vs -7.4% exp and -6.10% last, while imports were -17.7% vs -16.5% expected and -14.3% last.
According to China Customs, in a headline via Bloomberg, exports narrowing fall shows good momentum, adding that foreign trade still faces difficulties, Reuters reports.
For more information, read our latest forex news. …read more
Source:: FX Street