Mixed news on the trade front for the China. According to data provided today by the General Administration of Customs, in September the trade balance surplus it stood at $31 billion, more than double the same month last year, but below estimates (analysts on average had expected an increase to $41 billion) and the record levels recorded in previous months .
In detail, the exports grew by 15,3%, to 213,7 billion dollars, while the cheap imports they increased by 7%, to 182,7 billion.
the bounce ofimport, unexpected by the market, appears to reflect a recovery in the world's second-largest economy, as the figure fell 1,6% yoy in July and 2,4% in August. Economists had forecast a further decline of 2,4% in September.
Also ' export it recorded an improvement on September's 9,4% growth, exceeding analysts' expectations (+12,5%).
