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China’s Foreign Trade Back to Positive Growth

Editor by Editor
3 years ago
Reading Time: 1 min read
China’s Foreign Trade Back to Positive Growth
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China’s foreign trade value in terms of Yuan finally turned positive on-year by the end of September, recording a gain for the first time this year, the country’s General Administration of Customs (GACC) shared at a press conference on October 13, highlighting that during the third quarter, the country’s total trade value, and the values of imports and exports, were all at respective record highs.

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Over January-September, the total value of China’s two-way trade grew 0.7% on year to a total of Yuan 23.1 trillion ($3.4 trillion), among which exports were worth approximately Yuan 12.7 trillion, or up 1.8% on year, while imports totalled Yuan 10.4 trillion, still down 0.6% on year.

Source: MySteel Global

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