China's Exports: Back on Track

Photograph by Tomohiro Ohsumi/Bloomberg

China’s exports are back on track. After a disappointing September, overseas shipments from China last month rose 5.6 percent, better than expected. The October growth compared with a decline of 0.3 percent in September and was well above the consensus estimate of 1.7 percent. With imports up 7.6 percent, China had a trade surplus of $31.1 billion, the biggest this year.

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