China's trade surplus fell to $56.53 billion in October, hitting a 17-month low, the country's General Administration of Customs shared in its report on Tuesday. The figure was lower than analysts anticipated.
The country's exports slid 6.4% in October compared to the same period a year ago. In September, the figure was down 6.2%. Imports rose by 3% in the reported month, year over year. In September, the figure saw a 6.2% decrease.
The trade surplus amounted to 405.5 billion yuan in October, with exports down 3.1% on an annual level, and imports up 6.4%.
