october foreign trade slows surplus continues to fall
Saturday 5 July 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

October foreign trade slows; surplus continues to fall

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice October foreign trade slows; surplus continues to fall

Beijing - Xinhua

China\'s imports and exports in October both dropped from September, as uncertainties in the United States and Europe have slashed external demand, the General Administration of Customs (GAC) said Thursday. China\'s foreign trade in October fell 8.3 percent from September to 297.95 billion U.S. dollars, but still rose 21.6 percent year-on-year, according to GAC data. October exports weakened 7.2 percent month-on-month to 157.49 billion U.S. dollars, while imports dropped 9.5 percent month-on-month to 140.46 billion U.S. dollars. The October trade surplus fell 36.5 percent year-on-year to 17.03 billion U.S. dollars, far below the expected 25.8 billion U.S. dollars in the market. \"The weakening of export growth in October turned out to be exactly as I expected,\" said Zhang Yansheng, director of the Institute for International Economics Research of the National Development and Reform Commission, China\'s top economic planner. \"What we\'re facing now is a grave situation for exports and slowdown is inevitable in the third and fourth quarters,\" Zhang said, blaming shrinking external demand, rising costs, liquidity strains and an appreciating yuan. EU REMAINS TOP TRADER GAC data showed China\'s foreign trade with its major trading partners -- the European Union (EU), the United States and Japan -- slowed this year, compared to stronger growth in foreign trade with emerging economies. Despite the lingering debt crisis in Europe, the EU remained China\'s top trading partner during the January-October period, with trade amounting to 466.94 billion U.S. dollars, up 20.2 percent year-on-year. China\'s trade with the United States increased 16.8 percent from a year ago to 363.03 billion U.S. dollars. Zhang warned Europe and the United States are increasing trade protection measures against China. He cited the latest anti-dumping and counter-vailing investigation into Chinese exports of solar panels by the United States. A free trade area arrangement between China and the Association of Southeast Asian Nations (ASEAN) helped boost China-ASEAN trade by 25.7 percent year-on-year to 295.91 billion U.S. dollars during the period. China reported a trade deficit of 21.17 billion U.S. dollars with ASEAN, up 59.2 percent from a year ago. The nation exchanged goods and services worth 281.61 billion U.S. dollars with Japan in the first 10 months, a year-on-year increase of 17.7 percent. Trade with Australia, Brazil, Russia and South Africa grew much faster than average, increasing by 34.6 percent, 37.4 percent, 43.8 percent and 87 percent, respectively. During the January-October period, the country\'s trade surplus narrowed by 15.4 percent year-on-year to 124.02 billion U.S. dollars.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

october foreign trade slows surplus continues to fall october foreign trade slows surplus continues to fall

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

october foreign trade slows surplus continues to fall october foreign trade slows surplus continues to fall

 



GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 21:11 2017 Wednesday ,11 October

Catalan leader faces pressure to abandon secession

GMT 10:24 2012 Saturday ,18 August

Couch inspired by the shape of spider legs

GMT 14:52 2011 Tuesday ,04 October

Mohamed Hinidi\'s mother passes away

GMT 10:11 2012 Thursday ,01 March

The Monkees Davy Jones dies at 66

GMT 11:39 2017 Saturday ,30 December

BA owner to buy bankrupt Austrian airline Niki

GMT 07:41 2017 Wednesday ,27 December

Syrian refugees in Lebanon drop below one million

GMT 13:03 2016 Saturday ,19 November

For record €1.55m in Paris
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice