News
Resources
- Free Trading Course
- Market Commentary
- Top Stocks
- Top ETFs
- Top Penny Stocks
- Top Forex Pairs
- Email Services
- Free Tools
- About INO
- Exchange Pages
- Extreme Futures
- Extreme Stocks
- Futures Prices
- Symbol List
Free Report
Market Commentary and Intraday News
China import growth rises slightly in September
224 days ago
(AP:BEIJING) China's import growth rose slightly in September but was still weak, suggesting that a recovery from a deep economic downturn has yet to take hold in the world's second-biggest economy.
The government said Saturday that imports rose 2.4 percent. That was an improvement from August, when imports contracted, but well below double-digit rates of recent years.
Export growth was a relatively robust 9.9 percent despite economic problems in Europe and the United States.
China's customs agency said total trade in the first three quarters of the year grew 6.2 percent. That suggests China is unlikely to hit the 10 percent growth target the government has set for the year.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
