(MENAFN) Official data showed that China's trade surplus more than doubled last month, hitting USD31 billion on the back of an export and import increase, The Peninsula Qatar reported.
According to the General Administration of Customs, the world's second-largest economy's exports surged 15.3 percent on year to USD213.7 billion, while imports soared 7 percent to USD182.7 billion.
The surplus was lower than August's record of USD49.8 billion, and also came in below expectations of USD42 billion in a poll of 15 economists by Dow Jones Newswires.
Customs spokesman attributed the improvement to major economies recovering and external demand strengthening. "The good momentum is expected to continue in the fourth quarter," he added.
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