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China's October exports surge while imports decline more than expected
China's exports surged by 12.7% in October, marking the highest growth in 19 months, while imports fell by 2.3%, exceeding expectations. The rise in exports is attributed to improved weather, price discounts, and the upcoming holiday season, amidst ongoing economic challenges and recent stimulus measures. Factory activity also showed signs of recovery, with the purchasing managers' index rising to 50.1.
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