China’s exports declined further in September

Beijing: China’s exports declined further in September, majorly due to the Asian giant’s prolonged trade dispute with the US amid slowing global economic growth, official data revealed on Monday.
China’s exports last month decreased 3.2 per cent from a year earlier, following August’s 1-per cent drop, Efe news reported citing the General Administration of Customs (GAC) data.
A Wall Street Journal (WSJ) poll of economists had tipped a 3 per cent decline.
Imports slid 8.5 per cent on year in September, extending August’s 5.6 per cent drop, the customs data showed.
The WSJ poll had forecast a decline of 6 per cent.
China’s overall trade surplus stood at $39.65 billion in September, wider than August’s $34.8 billion surplus and the $34.05 billion surplus that had been expected.