China’s foreign trade boomed again in October, with exports surging at their fastest pace for 19 months and imports showing stable growth, as the world’s second-largest economy continues to rebound from the coronavirus pandemic.
Outbound shipments leapt 11.4 percent in dollar terms last month compared to a year earlier, and hit $237 billion, customs data released on Saturday shows. The unexpected jump exceeded analysts’ expectations and is higher than the already strong September numbers, which saw exports increase by nearly 10 percent.
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