Chinese import growth surprises to the upside


Goldman Sachs with the note:

Bottom line:

Export value moderated sequentially in October with year-over-year growth below the consensus forecast.

Import value rose notably in sequential terms, with year-over-year growth surprising to the upside.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.