N環球 
Reuters poll: China's September exports seen up 25.5%, customs data due Wednesday
Economists polled by Reuters expect China's September exports to grow 25.5% year on year, slightly faster than August's 25%; imports seen up 24.5%, with the trade surplus narrowing to $118.1 billion. Official data is due Wednesday.
Why it matters
With domestic demand weak, exports have been China's main growth engine for months. AI-infrastructure demand is lifting Chinese high-tech shipments; September's data will test whether that momentum holds. If forecasts prove right, China's annual trade surplus is on track to top $1 trillion for a second straight year.
Full report
Economists polled by Reuters expect September exports to rise 25.5% year on year in US-dollar terms, up from 25% in August, while import growth is seen slowing to 24.5% from 28.2%. The median forecast puts the September trade surplus at $118.10 billion, versus $119.09 billion in August. China's customs administration releases the official figures on Wednesday.
The poll points to booming demand for AI data-center components and stabilizing US-China trade tensions as key drivers. Washington and Beijing last month extended their trade truce to January and announced plans to cut tariffs on $30 billion of goods each; the EU last week said China agreed to halve its hybrid-car exports to the bloc.
Leading indicators are warming too: China's official manufacturing PMI rose to 50.1 in September from 49.8, with new orders and production back in expansion territory.
💬 Comments
No comments yet. Be the first!