China Exports Rise Less Than Expected In September

China is about to reveal important economic data at a very pivotal time for the country

China's goods trade volume rose 16.6 percent to 20.29 trillion yuan (3.08 trillion USA dollars) in the first three quarters of this year, official data showed Friday.

A poll of economists by The Wall Street Journal had forecast the value of shipments overseas would grow 10%.

At the same time, imports surged 18.7% in September from a year ago, faster than the expected growth of 15.0%. Exports to the United States were a record $40.9 billion in September, creating a record surplus of $28.1 billion with the country. House says that part of the pick-up comes amid shift in the timing of the Mid-Autumn Festival, leading to more working days last month than in September 2016.

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Meanwhile, imports in September expanded 19.5% in yuan terms from a year ago, compared to a 14.4% rise in July. The trade surplus was the lowest in six months.

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

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