Index: src/wp-admin/includes/export.php
===================================================================
--- src/wp-admin/includes/export.php	(revision 37323)
+++ src/wp-admin/includes/export.php	(working copy)
@@ -149,7 +149,8 @@
 		if ( ! seems_utf8( $str ) ) {
 			$str = utf8_encode( $str );
 		}
-		// $str = ent2ncr(esc_html($str));
+
+		// Raw (UTF8) string used as per database entry, which may include html encoded characters.
 		$str = '<![CDATA[' . str_replace( ']]>', ']]]]><![CDATA[>', $str ) . ']]>';
 
 		return $str;