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China exports growth slows in blow to economy’s bright spot

Economic Times LogoEconomic Times8h ago

China exports growth slows in blow to economy’s bright spot - Economic Times

Quick Summary:

China's export growth decelerated significantly in September, rising by only 2.4% from the previous year amid heightened trade tensions and tariffs from key markets including the EU and the US.

Exemplifying that problem, imports inched up just 0.3%, leaving a trade surplus of almost $82 billion for September and $690 billion for the first nine months of this year.

That two-speed model held up while global demand remained relatively strong, but rising trade barriers could threaten its sustainability as countries from Canada to Brazil complain about a flood of cheap Chinese goods.


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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 09:28:12 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1219 words

Reading Time: 7 minutes read

Sentences: 29 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23066155

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About Economic Times

Economic Times Logo

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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