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China October Trade Surplus Widens to $32.0 Billion

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11/10/2012 | 03:34am CEST
   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.

Write to Aaron Back at [email protected]

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