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Author Topic: China stock markets: Shanghai Composite closed up 14.83 points, gaining strong e  (Read 194 times)

hangyu

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China stock markets: Shanghai Composite closed up 14.83 points, gaining strong export sales.

The Shanghai Composite Index, China's stock markets closed higher today. Responding to a strong increase in Chinese exports in September

The Shanghai Composite Index closed at 3,561.76, up 14.83, or +0.42%.

The China Customs Agency (GAC) said today that China's September exports jumped 28.1 percent year-on-year. China's September exports also contrasted with analysts' forecasts of a 21% drop, driven by the growth of China's exports. Rebounding global demand

Imports in September rose only 17.6 percent, a sharp slowdown from a 33.1 percent jump in August. expected to increase by 20%

China posted a trade surplus of 66.76 billion dollars in September, above the $583 billion in August. and exceeded analysts' forecasts of $46.8 billion.

The GAC report also showed that China's trade surplus with the United States rose to $42 billion in September. from $37.38 billion in August.



 

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