China Exports Bolster Economy as External Demand Strengthens
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China’s exports rose more than estimated in October, signaling foreign demand may help sustain an economy forecast to grow at the slowest pace since 1990.
Overseas shipments increased 11.6 percent from a year earlier, exceeding the 10.6 percent median estimate in a Bloomberg News survey of analysts. Imports rose 4.6 percent, compared with projections of 5 percent, leaving a trade surplus of $45.4 billion, the customs administration said today.