China exports imports fall 20161108 p5uxfx.html – Breaking News & Latest Updates 2026
Advertisement
Advertisement
This was published 9 years ago

China exports, imports fall

RAW

Powered by

China's October exports fell 7.3 per cent from a year earlier, while imports shrank 1.4 per cent, both declining more than expected.

That left the country with a trade surplus of $US49.06 billion for the month, the General Administration of Customs said on Tuesday..

Exports in the first 10 months of the year fell 7.7 per cent from the same period a year earlier, while imports dropped 7.5 per cent.

Advertisement

Analysts polled by Reuters had expected October exports to have fallen 6 per cent from a year earlier, an improvement from a 10 per cent contraction in September but pointing to persistently sluggish global demand.

Imports were expected to have dropped 1 percent, after falling 1.9 per cent in September.

The trade surplus was forecast to have expanded to $US51.70 billion in October, versus September's $US41.99 billion.

email icon

Contact us

Share a tip-off, video or photo with us

Most viewed in World

More to explore