China's exports beat forecast amid power shortages

China’s export growth unexpectedly accelerated in September, as still solid global demand offset some of the pressures on factories from power shortages, supply bottlenecks and a resurgence of domestic Covid-19 cases. The world’s second-largest economy has staged an impressive rebound from the pandemic but there are signs the recovery is losing steam. Problems including falling factory activity, persistently soft consumption and a slowing property sector have dimmed China’s economic outlook. Outbound shipments in September jumped 28.1% from a year earlier, up from a 25.6% gain in August. Analysts polled by Reuters had forecast growth would ease to 21%. “We expect…