China October imports fall in sign of sluggish economy

BEIJING (AP) -- Lower commodity prices dragged down China's October trade figures, but the volume of imported oil and other raw materials rose as the world's second largest economy was stocking up on bargains, showed customs data released on Sunday. Imports fell by 16 percent from a year ago, while exports shrank by 3.6 percent. Chinese purchases of foreign goods improved from September's 20.4 percent decline. Purchases of raw materials such as crude oil and soybeans went up in quantities, but C...