Chinese exports slowed in October, pressured by the mounting woes in Europe, but strong imports served up a reminder of the domestic economy’s strength.
Exports rose 15.9 per cent year-on-year, down from 17.1 per cent a month earlier. Imports increased 28.7 per cent, accelerating from a 20.7 per cent pace.
China’s trade surplus still widened to $17bn from $14.5bn a month earlier, though that was well below market expectations for a figure closer to $25bn.
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