• The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

  • Web of dependency

    Zupta defenders are playing cat and mouse with ratings agencies, says Solly Moeng.

All data is delayed
Loading...
See More

China exports surge 9.9%

Oct 14 2012 18:03
Sapa-dpa
Beijing - China's September exports rose 9.9% from a year earlier, the government said on Saturday, fuelled by strong demand ahead of the holiday shopping season and government stimulus measures.

September's export volume, which totaled $186bn, exceeded estimates and was well ahead of August's 2.7% increase.

Imports rose 2.4% year-on-year, ending three consecutive months of decline. China's trade surplus rose slightly to $27.7bn.

The world's second-largest economy has been affected by weak demand by US and European economies. Last week, the World Bank cut its growth forecast for China this year from 8.2% to 7.7%.

Beijing hopes to increase its foreign trade by 10% in 2012 but so far has achieved only a 6.2% gain.

* Follow Fin24 on Facebook and Twitter.


china  |  exports

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...