Decline in Chinese trade slows sharply

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Old Oct 14th, 2009, 03:56 AM   #1
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Default Decline in Chinese trade slows sharply

Figures show that falls in exports and imports were smaller than most economists expected in September amid wider expectations that third quarter gross domestic product growth will exceed 9%

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Old Oct 14th, 2009, 04:05 AM   #2
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Default Re: Decline in Chinese trade slows sharply

The recovery in China’s economy gained new impetus on Wednesday with figures showing that the decline in exports and imports slowed sharply in September.

The Chinese authorities said that exports had fallen 15.2 per cent in September compared to the same month last year, against a 23.4 per cent decline in August.
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