China's exports fall 1.1% in October, hit by 25% drop in shipments to U.S.

Business

China's exports contracted in October, hit by a 25% drop in shipments to the United States, the government reported on Friday .

Persisting trade tensions with Washington may get a respite in the final quarter of the year after President Donald Trump and Chinese leader Xi Jinping agreed last week to de-escalate the trade war between the two largest economies. But trade friction still appears to be casting a pall on demand elsewhere.
source:thehindu.com