China's exports surge 11.6 percent in October


(MENAFN) Custom data showed that China's exports surged by 11.6 percent over a year ago, hitting USD206.87 billion last month, Xinhua reported.

The October growth rate has decelerated compared to September's 15.3 percent, which was a fastest growth rate in 19 months.

According to the data released by the General Administration of Customs (GAC), imports in October stood at USD161.46 billion, up 4.6 percent.

Total exports and imports rose 8.4 percent to USD368.33 billion in the month, as trade surplus expanded to USD45.41 billion, up 46.3 percent.

"Imports and exports in October have both extended a growth trend from the previous month," the GAC said in a press release.


MENAFN

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