China October Trade Surplus Widens to $32.0 Billion
11/09/2012| 09:34pm US/Eastern
By Aaron Back
BEIJING--China's trade surplus widened in October to $32.0 billion from $27.7 billion in September, data issued Saturday showed.
The median forecast in a Dow Jones Newswires survey of economists was for a $27.0 billion surplus.
October exports rose 11.6% from a year earlier, according to data from the General Administration of Customs, higher than September's 9.9% rise and above economists' median forecast of a 10.0% expansion.
Imports rose 2.4%, compared with a median forecast of a 4.0% rise and a 2.4% increase in September.
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