China's Exports Surge 36% in September, Trade Surplus Nears $1 Trillion
Macro·2 articles across 2 outlets·↩ Updated
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
China's exports grew by 36% in September, marking the fastest pace since February and surpassing expectations. The country's trade surplus reached $938 billion for the first nine months of the year, indicating it is on track to exceed last year's record.
The surge in exports is attributed to strong global demand, with the growth rate being one of the highest since the global financial crisis. This impressive performance in trade is expected to bolster China's economic recovery as it navigates post-pandemic challenges.
China
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“The country's customs agency released September trade data on Wednesday.”
CNBC — China's exports and imports surge past expectations in September“China’s trade surplus ballooned to $938 billion for the first nine months, keeping it on pace to exceed last year’s record as export growth surged faster than expected in September.”
Bloomberg — China’s Trade Surplus Nears $1 Trillion Again With Export Surge“China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.”
ny times — China’s Exports Soar, Putting Its Trade Surplus on Track for a Record“China's export engine hits fastest pace since February with 36% growth”
nikkei asia — China's export engine hits fastest pace since February with 36% growth
Earlier versions
- Oct 14, 2:41 AM — China’s Trade Surplus Nears $940 Billion as Export Growth Surges (1/1)