Shares are mixed in Asia after China reported its exports jumped nearly 10% in dollar terms in September as its economy recovered from the coronavirus pandemic
Shares were mixed in Asia on Tuesday, as investors were encouraged by strong growth in China’s trade in September.
An overnight rally on Wall Street, driven mainly by technology companies such as Apple and Amazon, faded amid worries over U.S. economic stimulus and a resurgence of coronavirus caseloads in many countries.
But the release of stronger trade data in Beijing helped Tokyo recover from early losses. Shanghai declined. Hong Kong’s market was closed for a typhoon.
China’s exports rose 9.9% from a year earlier to $239.8 billion in September, while imports gained 13.2% to $202.8 billion. Tuesday’s customs data showed