Exports in October exceed forecasts
By Bloomberg in Beijing | China Daily | Updated: 2014-11-09 08:39
Analysts signal that foreign demand may help sustain economy's growth
China's exports rose more than estimated in October, signaling that foreign demand may help sustain an economy that is forecast to grow at its slowest pace since 1990.
Overseas shipments increased 11.6 percent from a year earlier, exceeding the 10.6 percent median estimate in a Bloomberg News survey of analysts. Imports rose 4.6 percent, compared with a projection of 5 percent, leaving a trade surplus of $45.4 billion, the customs administration said on Saturday.
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