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China’s trade surplus with America exceeds $33 billion in a month

China’s trade surplus with America exceeds $33 billion in a month

Economists in a Reuters poll expected it to grow Exports 5.2 percent, up from 2.4 percent in September. They also expected imports to contract by 1.5 percent, compared to 0.3 percent growth previously.

Export is a bright spot for the faltering economy, which has been hit by weak domestic demand and a debt crisis Real estate market.

But analysts are optimistic that the $1.4 trillion fiscal package that officials are expected to approve this week will stabilize the balance sheets of local governments and real estate developers and ease pressures that have affected consumption.

Customs data also showed that China’s trade surplus With the United States, it reached $33.5 billion in October, which is slightly more than $33.3 billion in September, according to Reuters data.

During the first ten months, China’s trade surplus with the United States reached $291.38 billion.



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