China Posts Record Trade Surplus in October as Exports Surge, Exports Register 13th Straight Month of Double Digit Growth

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China Posts Record Trade Surplus in October as Exports Surge, Exports Register 13th Straight Month of Double Digit Growth​

November.7 2021

Exports jumped 27.1%, beating economists’ expectations

China posted a record monthly trade surplus in October as exports surged despite global supply-chain disruptions.

Exports rose 27.1% in dollar terms last month from a year earlier to $300.2 billion, data from the General Administration of Customs showed Sunday. That was the 13th straight month of double digit growth, and exceeded economists’ expectations of a 22.8% gain. Imports increased 20.6%, leaving a trade surplus of $84.54 billion.

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China is crashing, is collapsing...