China’s September Trade Surges Amid U.S. Tensions
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BTCCSquare news:
China's trade performance in September exceeded expectations, with exports rising 8.3% year-on-year to $328.6 billion, outpacing August's 4.4% growth and surpassing forecasts. Imports also climbed 7.4% to $238.1 billion, marking the strongest gain in over a year. The rebound was driven by recovering global demand and pre-holiday stockpiling ahead of the 'golden week' break.
Trade tensions with the U.S. cast a shadow over the positive data. Both nations have threatened new tariffs, including potential 100% levies on Chinese goods and expanded restrictions on rare earth exports. These measures, some effective November, risk undoing progress from months of bilateral negotiations.
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