China's trade performance remained weak in October

Getty Images Chinese trade data missed to the downside in October with the value of exports and imports both undershooting expectations, at least in US dollar terms. According to China’s Customs Bureau, the value of US dollar denominated exports declined by 7.7% from the levels of a year earlier, missing forecasts for a drop of 6.0%. Though weak, the contraction was smaller than the 10.0% drop recorded in the 12 months to September. In yuan-denominated terms, exports fell by 3.2% from a year e...