SHANGHAI – Chinese imports grew 15.9 percent in October, compared to the same month last year, outstripping the 6.1 percent growth recorded in exports, according to data released by China’s General Administration of Customs on Wednesday.
In October, China’s imports were worth 994 billion yuan ($149.73 billion) while exports stood at $188.3 billion.
The figures show a trade surplus of $38.33 billion, 20.3 percent less than that of a year ago.
In the first 10 months of the year, exports grew 11.7 percent while imports jumped by 21.5 percent.
Between January and October, China exported goods worth $1.86 trillion and imports amounted to $1.52 trillion.