China Reports Surge in Imports in September

October 13, 2017 Share Print 0

China reported strong trade data on Friday just days ahead of a major Communist Party Congress.In September, China’s exports were up 8.1 percent from a year ago in dollar terms, while imports were up 18.7 percent.Analysts polled by Reuters expected an 8.8 percent rise in Chinese exports in September from a year ago in dollar terms. Dollar-denominated imports were forecast to jump 13.5 percent in the same period.

Source: China reports September exports, import trade data – Reuters

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Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.