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| Workers make underwear for export to Japan at a factory in Qingdao on Wednesday. Exports increased 15.9 percent to $157.49 billion in October, the lowest level for five months. [China Daily] |
BEIJING - China's trade surplus narrowed in October as unexpectedly strong domestic demand lifted imports and weak US and European demand curbed export growth, official data released on Thursday show.
Imports surged 28.7 percent year-on-year to $140.46 billion, the General Administration of Customs said on its website on Thursday.
Exports increased 15.9 percent to $157.49 billion, the lowest in five months, the data show.
The result was a trade surplus of $17.3 billion, down 36.5 percent year-on-year.
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