Customs data in the People's Republic of China showed that the country's exports increased by 27.1% during the month of October, exceeding analysts' expectations, which were hovering around a rise of about 24.5%.< /p>
According to customs data, the rise in exports in the country last October is a continuation of the increase in China, which amounted to 28.1% last September.
On the other hand, China's imports witnessed a jump last October by 20.6%, while it was estimated that an increase of 25%, compared to an increase of about 17.6% in last September.
China recorded a trade surplus of $84.54 billion last October, compared to the poll's expectations of recording a surplus of $65.55 billion.
It is reported that China recorded a surplus of $66.76 billion last September.
According to Reuters, China's trade surplus with the United States amounted to $40.75 billion in October, down from $42 billion in September. In the first ten months of the year, the surplus amounted to $320.67 billion.