China's exports declined unexpectedly in October on weak global growth and imports also posted a surprise fall as the spread of coronavirus restricted supply chains and dampened domestic demand, official data showed on Monday.
Exports dropped 0.3 percent on a yearly basis in October, data released by the General Administration of Customs revealed. This was the first fall in exports since 2020.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.