China’s October exports fell 7.3 percent on-year on a dollar-denominated basis, improving from September’s 10 percent on-year plunge, Reuters reported on Tuesday, 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 $49.06 billion, versus September’s $41.99 billion.
Reuters had predicted a 6 percent tumble for exports, a 1 percent slide for imports and a $51.70 billion trade surplus.
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