Exports dropped 6.2% in September after a 8.8% dip in August, while imports fell 6.2% amid rising local demand.
The trade report adds to the recent signs of a gradual stabilisation of the economy, aided by an array of policy support measures.
Outbound shipments in September declined 6.2% from a year ago, following a drop of 8.8% in August, and beating economists’ forecast for a 7.6% fall in a Reuters poll. However, Lv Daliang, spokesperson of the General Administration of Customs, said at a press conference earlier on Friday that China’s trade still faces a complex and severe external environment
Overall, economists say it’s too early to make a call on how domestic demand will pan out in coming months as the crisis-hit property sector, uncertainties in employment and household income growth as well as weak confidence among some private firms pose risks to a durable economic rebound.
Italia Ultime Notizie, Italia Notizie
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