BUSINESS

China's trade rebounds in September, imports rise 6.9 per cent over a year earlier

10/12/2014 10:45 EDT | Updated 12/12/2014 05:59 EST
BEIJING, China - China's trade improved in September, possibly easing fears of a deeper slowdown in the world's No. 2 economy.

The Customs Administration said Monday that exports totalled 1.315 trillion yuan ($214 billion), up 15.2 per cent from the same month last year, while imports of 1.125 trillion ($183 billion) were up 6.9 per cent.

Exports grew 9.4 per cent in August while imports shrank for a second month in a row, suggesting China's economy was continuing to slow.

September's trade also improved on a sequential month basis with exports up 2.6 per cent from August.