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Beijing releases imports, exports data


Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019.


China’s exports and imports declined in October, Reuters reported citing data from the country’s customs.

In dollar terms, exports fell 0.9% while imports fell 6.4% from a year ago in October, but beat analysts’ forecasts.

Trade balance for October was $42.81 billion, compared to analyst forecasts of $40.83 billion.

Economists polled by Reuters had expected October exports to fall 3.9% and imports to fall 8.9% from a year earlier.

In September, China’s imports and exports fell more than expected with exports falling 3.2% in September from a year ago, while imports dropped 8.5%…


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