China's Export Growth Expected to Rise in October Despite Global Demand Weakness

Reported 19 days ago

China's exports are projected to increase by 5.2% year-on-year in October, driven by favorable weather and significant discounts, despite a decline in global demand. While imports are expected to drop by 1.5%, the overall manufacturing activity has shown signs of growth. Analysts caution against relying too heavily on exports for economic stability and anticipate a $1.4 trillion fiscal package to support local economies amid ongoing challenges.

Source: YAHOO

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