A key economic report card released Monday by China's national customs authority showed the country's overall exports fell by 0.3% in October compared to a year ago, but analysts had been expecting an increase well above 4%.In a more troubling sign, exports to the United States, Beijing's largest trading partner, fell by 12.6% over the same month -- which was the third dip since August.
October's decline in exports represented an even deeper nosedive from a 5.7% annual increase that was seen in September and was the first market retraction in more than two years, according to financial data analyst Refinitiv Eikon.
China's imports also ran into trouble in October, falling 0.7% and missing expectations for 0.1% growth following a 0.3% increase the previous month.
How My Heart Bleeds
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FEEDSo is the expectation that all these lines should be identical? What
else might create a chart that resembles this one? Ribeye steaks? Tesla
Model Xs? ...
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