US-China im­ports, ex­port rise; trade gap nar­rows

China Daily (Canada) - - NEWSCAPSULE -

US im­ports and ex­ports with China hit an all-time high in Oc­to­ber, while the US trade gap with the world’s sec­ond­biggest econ­omy nar­rowed, ac­cord­ing to the US Depart­ment of Com­merce.

Ex­ports to China in Oc­to­ber in­creased to $13.1 bil­lion from $9.6 bil­lion in Septem­ber, and im­ports in­creased to $41.9 bil­lion from $40.1 bil­lion, ac­cord­ing to the fig­ures re­leased on Wed­nes­day.

The trade gap be­tween the US and China is higher than that of any other coun­try with the US, it de­creased to $28.9 bil­lion in Oc­to­ber from the $30.5 bil­lion in Septem­ber. Ex­ports to China for the year to date are $95.8 bil­lion; im­ports are at $362.8 bil­lion year-to-date.

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