22
China exports grew at the fastest pace in 19 months in October, while imports also rose, official data picked by CNBC showed on Saturday.
Exports in October rose 11.4% from a year earlier, beating analysts’ expectations of a 9.3% increase and quickening from a solid 9.9% increase in September.
The surge in exports pushed the trade surplus for October up to $58.44 billion, compared with the poll’s forecast for a $46 billion surplus and a $37 billion surplus in September.
China’s trade surplus with the United States widened to $31.37 billion in October from $30.75 billion in September.