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The Economic Times
The Economic Times
National

China's trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance trade

HONG KONG: China's exports surged 36.3% in September from a year earlier, its customs agency said Wednesday, bringing it on track to exceed last year's record trade surplus as pressure ramped up from its trading partners, including the European Union, to rebalance trade.

The exports data, which was better than what economists had expected, accelerated from the 25% growth in August. High-tech goods such as semiconductors and autos have helped fuel its rising shipments overseas.

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