Tuesday, 8 November 2016

China October exports fall more than expected

 

China's October exports fell 7.3 percent on-year on a dollar-denominated basis, improving from September's 10 percent on-year plunge, citing official data. Imports meanwhile declined 1.4 percent, following the previous month's 1.9 percent drop. That brought the October trade surplus to USD 49.06 billion, versus September's USD 41.99 billion. A 6 percent tumble for exports, a 1 percent slide for imports and a USD 51.70 billion trade surplus. 

 

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