China’s imports, exports shrink in October as demand from U.S. plummets


Source: upi.com upi.com

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1/4 China’s imports and exports failed to reach growth expectations in October as goods shipped to the United States plummeted for a third straight month. File Photo by Stephen Shaver/UPI | License Photo Nov. 7 (UPI) -- China's imports and exports shrank unexpectedly in October and failed to reach growth expectations as goods shipped to the United States plummeted for a third straight month. A key economic report card released Monday by China's national customs authority showed the country's overall exports fell by 0.3% in October compared to a year ago, but analysts had been expecting an increase well above...