China’s Weak Trade Surplus is No Cause for Disappointment

China’s exports contracted by 0.4% YoY in October, while imports lost 0.7% YoY in dollar terms. The foreign trade surplus rose to $85.7bn, lower than expected at $96bn. Most observers saw these figures as a signal of a slowdown in the second-world economy. At the same time, it is worth bearing in mind that the […]

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