China September Exports Rise but Trade Surplus Narrows

Features Dow Jones Newswires

China's exports grew 9.0% in September from a year earlier in yuan terms, following a 6.9% gain in August, official data showed Friday.

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Imports in September rose 19.5% in yuan terms from a year earlier, compared with a 14.4% rise in August, the General Administration of Customs said.

The country's trade surplus last month narrowed to 193 billion yuan ($29.3 billion) from 286.49 billion yuan in August.

Trade figures in dollars will be released later in the day.

Write to Liyan Qi at liyan.qi@wsj.com

BEIJING--China's exports grew for a seventh straight month in September, on continued strength in external demand for goods from the world's second-largest economy.

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Exports increased 8.1% in September compared with the same period a year earlier, following 5.5% growth in August, the General Administration of Customs said Friday.

A poll of economists by The Wall Street Journal had forecast the value of shipments overseas would grow 10%.

Imports in September expanded 18.7% from a year earlier, compared with a 13.3% gain in August. The rise beat the poll's forecast for a 15% gain.

China's imports have been growing at a double-digit pace since January.

The trade surplus narrowed in September to $28.47 billion from nearly $42 billion the previous month, falling short of expectations for a $37.3 billion surplus.? The trade surplus was the lowest in six months.

A rebound in China's exports this year has helped support Chinese economic growth this year.

-- Grace Zhu and Liyan Qi

(END) Dow Jones Newswires

October 13, 2017 00:04 ET (04:04 GMT)