China’s October trade data (USD): Surplus expands 34.01bn, in line with estimates
|The China customs published trade balance for October in USD terms, reporting almost in line with expectations trade surplus as imports jump by a big margin.
In USD terms,
Trade Balance (USD) October came in at 34.01B versus 35.00B expected and 31.70B previous.
Exports (YoY) Oct: +15.6% vs. +11.0% expected and +14.5% last.
Imports (YoY) Oct: +21.4 % vs. +14.0% expected and +14.3% last.
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