China’s exports, imports rise less than expected in September

China’s exports and imports rose less than analysts expected in September, data that comes as the Chinese government ramps up economic stimulus measures.

According to data from the Chinese Customs Authority today, Chinese exports rose 2.4% in September from a year earlier, compared with expectations for a 6% increase.

Chinese exports were the bright side in a Chinese economy weighed down by a property crisis and a decline in consumer spending.

Imports rose 0.3%, also below expectations of 0.9%.

China’s exports and imports rose 8.7% and 0.5% in August, respectively.

China’s exports to ASEAN countries – China’s largest trading partner – rose about 5.5%, while imports increased 4.2%.

China’s exports to the European Union rose 1.3%, while imports fell 4%. China’s exports to Russia increased 16.6%, while imports fell 8.4%.