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Chinese export and import growth holds up better than expected

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Staff Writer | Friday November 9, 2018 3:56AM ET
China import
Asia   Exports rose at a year-on-year pace of 15.6%

Chinese export and import growth held up better than had been expected last month, with the former boosted by companies attempting to front-run US tariffs which were set to come in at the start of 2019.


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Exports rose at a year-on-year pace of 15.6% in October, better than Septemeber's 14.4% rate and ahead of economists' forecast for 11.7%.

Imports were also better than anticipated, growing at a clip of 21.4% over the year, versus 14.5% in September (consensus: 14.5%).

 

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