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Savoring Success with Taste Nova Scotia Culinary Ambassador Amy Savoury | SaltWireBEIJING - China's exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even if the trade performance remains weaker than it was before Beijing removed anti-COVID curbs.
Policymakers are contending with a domestic property crisis, high youth unemployment, depressed private sector confidence, a slowdown in global growth and Sino-U.S. tensions over trade technology and geopolitics. Both new export and import orders shrank for an eighth consecutive month in October, a sub-index in the official purchasing managers' index survey showed, suggesting that manufacturers are still struggling for buyers overseas and ordering fewer components used in finished goods for re-export.
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