The disappointing figures from China, which also revealed that imports fell into negative territory, caused Asian stock markets to slide. Exports in September fell by 10 per cent on a year earlier in dollar terms, compared with predictions of a 3 per cent fall. Imports shrank 1.9 per cent after rising unexpectedly by 1.5 per cent in August, China’s customs agency said. The trade surplus fell to $41.99 billion in September from $52.05 billion. The import figures “could be an early sign that…
Source: The Times October 13, 2016 07:52 UTC