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China trade: export growth above expectations in October but ‘Covid-19 cases and chip shortages loom’

Summary:
[unable to retrieve full-text content]Trade growth in China has proved resilient, with exports rising more than expected in October, according to data released on Sunday.But downside risks were rising amid a resurgence in Covid-19 cases and computer chip shortages, analysts said.China’s exports grew by 27.1 per cent in October from a year earlier to US0.2 billion – compared with the 28.1 per cent growth seen in September. The result was above the median result of a survey of analysts conducted by Bloomberg, which had forecast 22…

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[unable to retrieve full-text content]
Trade growth in China has proved resilient, with exports rising more than expected in October, according to data released on Sunday.But downside risks were rising amid a resurgence in Covid-19 cases and computer chip shortages, analysts said.China’s exports grew by 27.1 per cent in October from a year earlier to US$300.2 billion – compared with the 28.1 per cent growth seen in September. The result was above the median result of a survey of analysts conducted by Bloomberg, which had forecast 22…

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