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China’s export growth slowed in September amid increasing investigations into its goods, however, Beijing remains optimistic about fourth-quarter shipments and believes it has advantages to withstand the barriers.
Exports grew by 2.4 per cent year on year to US$303.71 billion in September, according to customs data released on Monday.
As with much of this year’s export growth data, the figure likely benefited from the base effect, after exports had contracted by a revised 8.55 per cent during the same period last year.
Imports, meanwhile, rose by 0.3 per cent from a year earlier in September, compared to the 0.5 per cent growth seen in August.
This led to a trade surplus of US$81.71 billion in September, compared with US$91.02 billion in August.
More to follow …
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