American businesses sharply increased orders for Chinese goods in September, according to a private survey of nearly 1,300 companies, marking an unexpected rebound in U.S.-bound demand as Washington and Beijing continued talks over their trade relationship.
A gauge tracking U.S. orders climbed to 13 in September from 3 in August and negative 12 a year earlier, according to China Beige Book data reported by CNBC. The indicator measures the percentage of surveyed companies reporting an increase in orders minus the share reporting a decline.
