China's Trade Surplus Falls

China's trade surplus fell to US$16.88 billion in September, reports the China Daily, citing the General Administration of Customs (GAC).

 

The Daily notes that the country's exports rose 25.1% in September from a year earlier to $144.99 billion, but the pace of growth decelerated from August's 34.4% surge.

 

The country's imports rose 24.1% year on year to reach $128.11 billion last month, with the growth rate down 11.1% points from that in August, adds the Daily.

 

China's trade surplus for the first nine months of the year totaled $120.6 billion, down 10.5% from the same period last year.

 

 

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