The Traderszone Network

Published in TZ Latest News 12 October, 2014 by The TZ Newswire Staff

China September exports, imports beat forecasts

China’s export and import performance in September easily beat forecasts, with imports showing unexpected buoyancy, helping to ease concerns about deteriorating domestic demand in the world’s second-biggest economy. “The big implication is that import (growth) is much stronger, so that no matter what is the reason, I think it will cool off a bit of the concern about domestic weakness bringing down economic activity,” said Zhu Haibin, an economist at JPMorgan. China’s economy, the world’s second largest, has had a bumpy ride this year.

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