Skip to content
Pulse
en

Business·CNBC

China's exports likely grew by double-digits in September

Wednesday 14 October02:16 · 3h agoAI summary
Read at source

China's exports are expected to have risen 25.5% in September from a year earlier, while imports are forecast to slow to 24.5%, ahead of official trade data due on Wednesday.

Follow the storyChina6 stories

01Summary

  1. 01A Reuters poll forecast September exports up 25.5% year on year, compared with the previous month.
  2. 02Imports were predicted to grow 24.5% in September, down from 28.2% in August.
  3. 03China's exports and imports each grew at their fastest pace in five years earlier this year.
  4. 04Demand for China-made parts for data centres used in artificial intelligence has helped exports, alongside steadier ties with the US.
  5. 05The US and China last month said they would roll back tariffs on $30 billion of goods each and extend a trade truce to January.

02Why it matters

The trade figures are an indicator of how well the Chinese economy is holding up, especially with domestic demand still sluggish. They also matter for companies and governments exposed to US-China trade tensions and the supply chain for AI-related goods.

Pulse AI

Answers are generated by AI from the story summary; they are not investment, health or legal advice.

Up next

More on China

Producer prices in China rise at fastest pace since June 2022, beating expectations

China’s producer prices rose 5% in September, the fastest pace since June 2022, driven by higher fuel and coal costs. Consumer inflation also picked up, though it remained slightly below forecasts.

CNBC · 2h agoRead story

Related stories