Export Growth Eases Fears of a Hard Landing

China’s exports grew more than expected in September, temporarily easing worries of a sharper downturn in the global economy, though analysts warned the pick-up might not be sustainable.

 

Exports totalled USD86.35 billion last month, up 9.9% year on year, figures from the General Administration of Customs yesterday showed.

 

On the import side, the figures were in line with market expectations, recording moderate growth of 2.4% year on year in September after a contraction of 2.6% in August. 

 

~ SCMP, October 14, 2012~

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