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China's exports suffer worst downturn since February as tariffs hammer US demand
China's exports unexpectedly fell in October following months of front-loading to beat United States President Donald Trump's tariffs, giving voice to investor concerns over the broader economic impact of a rift in US-China trade ties. Outbound shipments from the world's second-largest economy shrank 1.1 per cent last month, the worst performance since February, customs data showed on Friday (Nov 7), reversing from an 8.3 per cent rise in September, and missing a forecast for 3 per cent growth in a Reuters poll.The figure was affected by a high base from last October when exports grew at their fastest pace in over ... (full story)
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