China's foreign trade dropped 9 percent year on year to 2.06 trillion yuan (324.62 billion U.S. dollars) in October, decreasing at a rate larger than the 8.8-percent contraction in September, official data showed on Sunday.
This was the eighth consecutive monthly decline in foreign trade in the world's second largest economy since March this year.
Exports dropped 3.6 percent to 1.23 trillion yuan and imports plunged 16 percent to 833.14 billion yuan. The trade surplus surged 40.2 percent to 393.22 billion yuan, the General Administration of Customs said.
In the first ten months, foreign trade dropped 8.1 percent year on year to 19.93 trillion yuan. They were separated into 11.46 trillion yuan for exports, down 2 percent; and 8.47 trillion yuan for imports, down 15.2 percent. The trade surplus expanded by 75.3 percent to 2.99 trillion yuan.
