BEIJING (AP) — Lower commodity prices and sluggish demands dragged down China's October trade figures, although the volume of imported oil and other raw materials rose as the world's second-largest economy stocked up on a few bargains, customs data released Sunday showed. "With imports still down on a year ago in real terms, this trade data does not suggest a material pickup in domestic demand momentum in October," Louis Kuijs of Oxford Economics said in a report. Purchases of raw materials such as crude oil and soybeans went up in quantities, but China paid far less for the goods than a year ago because of lower prices.
As Prices Of Raw Materials Drop, China October Imports Fall
National/International Headline List General Wire, San Antonio Express-News: World
Sun, 11/08/2015 - 4:33am
BING NEWS:
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China’s large industrial firms reported a 10 % Y/Y decline in profits in October, with the property and retail sectors hit the hardest, the National Bureau of Statistics in Beijing said on Wednesday ...
11/27/2024 - 4:30 am | View Link - More
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