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China exports tumble for 5th straight month, down -6.8% in USD terms

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - In US dollar terms, China’s trade surplus contracted $54.10 billion for the month, down from October's record high of $61.64 billion.

    Imports fell for the 13th consecutive month, though the decline eased last month. Imports fell 8.7%, against forecasts of a 12.6 % decline and a drop of 18.8% in October. While exports fell more than expected in Nov, coming in at -6.8% from a year earlier and declining for the fifth straight month in Nov.
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