China's economic recovery gained impetus yesterday with figures showing a sharp improvement in exports and imports in September.
The country's trade surplus also fell last month, providing evidence of some rebalancing of the economy as trade tensions persist over cheap goods from China, which is on track to become the world's biggest exporter this year.
China said exports fell by 15.2 per cent in September against the same month last year, compared to a 23.4 per cent decline in August. The improvement was even more pronounced in imports which dropped 3.5 per cent in September after falling 17 per cent the month before, an indication that domestic demand in China is recovering.
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