According to customs data, Chinese exports jumped 12.7 percent year-on-year in October in terms of value, while imports fell 2.3 percent.
Economists polled by Reuters had expected exports to grow 5.2 percent, up from 2.4 percent in September. Imports will contract 1.5%, versus 0.3% growth previously. Customs data also showed China's trade surplus with the United States stood at $33.5 billion in October, just over $33.3 billion in September. China's trade surplus with the United States in the first ten months reached $291.38 billion.
