China’s Trade Surges in September 2025

China’s export and import data for September blew past expectations, signaling surprising resilience amid global headwinds:

• Exports rose 8.3% year-on-year, beating the 7.1% forecast and rebounding from August’s six-month low.
• Imports jumped 7.4%, the fastest pace since April 2024, far exceeding the 1.5% growth economists had predicted.
• The trade surplus stood at $90.5 billion, underscoring strong demand from non-U.S. markets despite ongoing tariff tensions.

Contextual Notes:

• This surge comes ahead of China’s Q3 economic data release on October 20, with analysts still expecting a slowdown from H1 despite this strong showing.
• The uptick in trade gives Beijing leverage in its escalating trade war with the U.S., especially as President Trump threatens further tariffs

(Source – CNBC)

—Agencies