August 5, 2021

Chinese exports grow 20.1% in October

Chinese exports grow 20.1% in October

China's exports grew 20.1% year-on-year in October, while imports rose 26.3% year-on-year in the same period, the General Administration of Customs reported today.

Last month, the trade surplus stood at 233.63 billion yuan (about 33.7 billion dollars, 29.5 billion euros), compared to 213.23 billion yuan in September (30.7 billion dollars, 26.9 billion euros).

The official agency said that the pace of trade growth in October exceeded analysts' expectations amid fears of a possible impact of trade frictions between the Asian country and the United States.


Source link