Caixin
Oct 12, 2018 08:07 PM
ECONOMY

Update: Export Growth Hits Seven-Month High Despite Trade War

A view of Yangshan Port on Hangzhou Bay, just south of Shanghai, on Oct. 6. Photo: VCG
A view of Yangshan Port on Hangzhou Bay, just south of Shanghai, on Oct. 6. Photo: VCG

* China’s exports rose by 14.5% year-on-year in September, an acceleration from the previous month, while growth in imports declined to 14.3%

* Economists predict the robust performance of exports will cool in the fourth quarter when more costly U.S. tariffs start to bite and the momentum of the global economy weakens

(Beijing) — China’s exports jumped robustly in September despite the escalating trade war with the U.S., while import growth continued to slow from the previous month, pointing to subdued domestic demand, official data showed Friday.

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