Exports

Exports for China in October 2024 up sharply beating expectations

China exports reportedly rose by 12.7% year on year to $309.06 billion in October 2024 – the highest jump since March 2023 when they rose 14.8% according to recent data reports.

Imports, however, declined by a more-than-expected 2.3% in October, according to customs data.

The world’s second-largest economy is facing challenges with weakening domestic consumption and an ongoing property crisis, with exports emerging as a bright spot.

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