China’s exports rebounded in October, recording the fastest growth since July 2022, but the outlook remains uncertain as president-elect Donald Trump’s upcoming return to the White House could end China’s economic growth model, analysts said.
Exports from the world’s second-largest economy rose by 12.7 per cent year on year to US$309 billion in October, according to customs data released on Thursday.
Imports, meanwhile, fell by 2.3 per cent from a year earlier in October, compared to the 0.3 per cent growth seen in September.
This led to a trade surplus of US$95.72 billion in October, compared with US$81.71 billion in September.
In contrast to sluggish domestic consumption, China’s exports have shown sustained growth this year, driven by robust international demand.