05/12/2022

China’s exports unexpectedly shrink in October, badly missing expectations for growth

A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020.

Martin Pollard | Reuters

BEIJING — China’s exports fell by 0.3% in October from a year ago, missing Reuters expectations for a 4.3% increase.

Imports fell by 0.7% in U.S.-dollar terms, also missing expectations for slight growth of 0.1%.

This is a breaking news story. Please check back for updates.

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