Economy News
China exports up 28% in September; surplus with US at $42 billion

China's import and export growth slowed in September amid shipping bottlenecks and other disruptions combined with coronavirus outbreaks, according to customs data reported Wednesday. The report showed exports rose 28.1% to $305.7 billion. That was slightly slower than the 33% increase logged in August. Imports rose 17.6% to $240 billion, accelerating from the previous month's 26%. Disruptions in industrial supply chains have persisted after last year's global economic downturn. Renewed clusters of infections in the United States and some other markets also dampened consumer sentiment.

News Source:- https://www.business-standard.com/article/international/china-exports-up-28-in-september-surplus-with-us-at-42-billion-121101300301_1.html