China's trade growth accelerates

China's trade growth accelerates

Imports in September rose 19.5% in yuan terms from a year earlier, compared with a 14.4% rise in August, the General Administration of Customs said. Trade surplus versus the USA rose to a record $28.1 billion.

BEIJING-China's exports grew 9.0% in September from a year earlier in yuan terms, following a 6.9% gain in August, official data showed Friday.

China's economic data have been showing robust growth ahead of leadership changes set to happen at the upcoming Party Congress.

Once again, China's imports were led by industrial resources as a year-long construction boom shows no signs of flagging and factories kept humming, boosting demand for materials from steel to copper.

Trade volume for private enterprises also increased, as their combined volume rose 17.8 percent, compared with the share for the same period of a year ago.

"Nonetheless, today's figures suggest that not only has strong foreign demand continued to prop up manufacturing activity in China but domestic demand remains resilient, too", Evans-Pritchard said.RECORD TRADE SURPLUS WITH U.S.

Golden Knights home opener recognizes Las Vegas tragedy
The Knights have earned a couple of 2-1 wins, both on third period comebacks, one of which had to be settled in overtime. I saw real appreciation as I watched, and I think that human side of players stretches far beyond tragedy .

Keep Wells Fargo & Company (WFC) stock under observation
Wells Fargo & Company's institutional ownership is 77.3%, while its institutional transactions stand at -0.01%. M Holdings Securities Inc acquired 5,859 shares as Wells Fargo & Co New Com ( WFC)'s stock declined 8.66%.

New Research Sheds Light on Yellowstone Caldera Mechanics
In 2011, scientists revealed that the ground above the magma chamber bulged by up to 10 inches in a span of about seven years. It's important to note there's a big difference between volcanoes and supervolcanoes, as ZME Science reported.

The gap, almost 20 percent more than the same period a year earlier, was attributed to service imports in tourism, transportation and other traditional sectors, the MOC said.

As result, the trade surplus totaled USD28.47 billion in September versus the expected level of USD38.0 billion.

He cited favorable factors for trade growth including mild recovery in the world economy, strong economic momentum inside China and good prospects for trade with other emerging markets.

Trade surplus shrank 17.7 percent to 2.03 trillion yuan in the same period.

China's imports from North Korea fell 37.9 percent in September from a year earlier, marking the 7th consecutive month of decline, while exports dropped 6.7 percent.

Related Articles

  • Tom Brady will play Sunday despite shoulder injury

    Tom Brady will play Sunday despite shoulder injury

    They were non-participants in the team's practice ahead of their Week 6 matchup against the New York Jets on Sunday. One way to do that would be to put pressure on Brady like the Panthers , and every other team this season, did.
    Royal Mail wins legal injunction to block strike

    Royal Mail wins legal injunction to block strike

    When CWU did not call it off, Royal Mail lodged an injunction with the High Court, which was heard this morning. Union leaders say they have been trying to find a solution to the impasse for 18 months.

    Paris wants to phase out diesel cars by 2024

    And Paris City Hall called its third car-free day, banning automobiles in more than 40 square miles for most of October 3. Diesel-powered vehicles are actually set to be outlawed in Paris before their gas-powered equivalents.
  • 'Avengers 4' Title Not a Spoiler According to Kevin Feige

    We are going to be publishing an official, and I'm not sure when, or in what format, an official timeline. Still, while the original incarnation of the MCU may change, it's not going away.
    DICE offers clarification on Star Wars: Battlefront 2's controversial crate system

    DICE offers clarification on Star Wars: Battlefront 2's controversial crate system

    For the most powerful items, they are working to make those only obtainable via in-game achievements. Crates will include a mix of of Star Cards, Outfits, Emotes or Victory Poses.
    Feminists tear into Women's March for having Sanders headline convention

    Feminists tear into Women's March for having Sanders headline convention

    Women's March co-founder Tamika Mallory defended their headliner, insisting he knows how to galvanize Millennials. We are thrilled that Rep Maxine Waters and Senator Sanders will be speaking at the Women's Convention.
  • SC refers ban on women's entry at Sabarimala to constitutional bench

    SC refers ban on women's entry at Sabarimala to constitutional bench

    The case of entry of women of menstruating age to the Sabarimala shrine has seen a prolonged legal journey of over a decade. The Kerala High Court had upheld the Rules and allowed the Devaswom Board to enforce the ban.
    Pakistan in line to become Ireland's first ever Test opponents in 2018

    Pakistan in line to become Ireland's first ever Test opponents in 2018

    It has been believed that Ireland's inaugural Test match will take place in Dublin against Pakistan next year. Spokesperson for Cricket Ireland declined to confirm whether the Test has been locked in.
    Gal Gadot lined up for post-World War II revenge thriller Ruin

    Gal Gadot lined up for post-World War II revenge thriller Ruin

    Her DCEU commitments mean she is locked in to Justice League 2 and the Flash standalone Flashpoint as well as Wonder Woman 2 . The actress has the Wonder Woman sequel on her docket for late 2018.
  • Microsoft Edge now available on Play Store

    Microsoft Edge now available on Play Store

    Since this is an unreleased app, you'll have to follow that link, as it's been hidden from search results within the Play Store. For now, according to Softpedia , the Android version of the Edge browser is still in preview, but is available for download.
    No boys for Girl Scouts in area

    No boys for Girl Scouts in area

    The program for older girls is expected to start in 2019 and will enable girls to earn the coveted rank of Eagle Scout . Those groups said the Boy Scouts' new initiative would not weaken their commitment to single-sex programming.

    Michael Jordan believes super teams are ruining the National Basketball Association

    Other franchises are trying to put their version of super teams out there to knock off the champs. Jordan is likely referring to the concentration of talent on the Golden State Warriors ' roster.