China s Exports, Imports Slump Narrows in Sept in Boost to Recovery Prospects
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China s narrowing trade slump boosts recovery prospects, but challenges persist
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China s narrowing trade slump boosts recovery prospects, but challenges persist By Reuters
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BEIJING (Reuters) -A mixed batch of Chinese data on Friday showing a narrowing slump in merchandise trade and the persistence of deflationary pressures underlined the challenges policymakers face in trying to engineer a durable economic recovery. China's raft of policy support measures over recent months have begun to stabilise some parts of the world's second-biggest economy, but a long-running property crisis, a slowdown in global growth and geopolitical tensions remain a drag on broad activity. "There's increasing evidence that the cyclical upturn in the global electronics sector is driving a bottoming-out of global trade and China's trade data is the latest sign," said Xu Tianchen, senior economist at the Economist Intelligence Unit.