Space News from SpaceDaily.com
China's exports drop 1.1% in October, missing forecasts
ADVERTISEMENT


Beijing, Nov 7 (AFP) Nov 07, 2025
China's exports fell 1.1 percent on-year in October, official data showed Friday, as trade tensions flared before Chinese President Xi Jinping met US counterpart Donald Trump at the end of the month.

The figure marked the first drop in shipments since February and missed a Bloomberg forecast of a 2.9 percent rise.

Imports in the same month rose 1.0 percent, China's General Administration of Customs said. That was short of the 2.7 percent estimated in the Bloomberg forecast.

China and the United States reached a detente in their trade war last week after Xi and Trump met in South Korea.

That brought a precarious end to months of tit-for-tat measures between the economic and technological powerhouses as the leaders agreed to suspend a raft of measures for one year.

Washington halved a blanket tariff on Chinese goods to 10 percent, while Beijing loosened restrictions on exports of rare earth technologies -- a sector it dominates.

China also lifted extra tariffs on US agricultural products including soybeans, critical to American farmers who are a key part of Trump's base.

China's imports from the United States fell 11.6 percent month-on-month in October, the customs data showed, while its exports in the other direction rose 1.8 percent.

Chinese exporters had been "frontloading their trade in order to avoid high tariffs in the US", Zhiwei Zhang, economist at Pinpoint Asset Management, said in a note.

"It seems the frontloading finally faded in October. As the trade war is put on hold for one year, exports will likely normalise," Zhang added.

But, he warned: "Now that export momentum weakens, China needs to rely more on domestic demand."


ADVERTISEMENT





Space News from SpaceDaily.com
SpaceX to Acquire EchoStar AWS-3 Spectrum Licenses in $2.6 Billion Stock Deal
Student CubeSat set for launch to support NASA IMAP mission with space weather data collection
Austrian PRETTY CubeSat joins ESA OPS-SAT Space Lab under Graz leadership

24/7 Energy News Coverage
Inexpensive materials transform waste carbon into energy-rich compounds
Collaborative Agreement to Advance Solar Arrays for Satellite Power Systems
MIT physicists observe key evidence of unconventional superconductivity in magic-angle graphene

Military Space News, Nuclear Weapons, Missile Defense
Experts warn explosive nuclear testing would trigger escalation
STAR OS provides unified architecture for integrating AI systems across defense domains
Diraq progresses to new stage in DARPA drive for practical quantum computers

24/7 News Coverage
Earth-Based 3D Printing Technology Offers New Path to Affordable Housing in Australia
Drones measure wastewater treatment plants greenhouse emissions at greater levels than official estimates
Protein Production Tested in Microgravity for Sustainable Space Missions



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.