China’s trade surplus narrowed sharply from USD 133.5B in September to USD 105.3B in October, falling short of expectations for USD 126.5B as imports accelerated faster than exports. Exports rose 35.2% yoy, easing slightly from September’s 36.3% but exceeding forecasts of 33.5%. Import growth accelerated from 31.0% to 41.6% yoy, substantially above expectations of 32.0%. […]
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