Chinese trade growth slows significantly

Chinese trade growth slows significantly Growth in Chinese trade slowed significantly last month as the world’s second-largest economy began to feel the effects of the economic turmoil hitting its most important trading partners in Europe and the US.

Overall Chinese exports increased 17.1 per cent in September from a year earlier, down from a 24.5 per cent increase in August and well below most forecasts, according to data released by Chinese customs on Thursday.

Imports also decelerated, rising 20.9 per cent from a year earlier, compared with August’s 30.2 per cent rise.
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