China’s exports fall 1.1% in October as global demand slows and trade pressures persist

China’s export volumes unexpectedly dropped 1.1% year-on-year in October, reversing two consecutive months of growth and signaling continued weakness in global demand. Imports, however, rose 3.7%, reflecting domestic recovery led by industrial goods and commodities. The export decline was most pronounced in electronics and consumer goods, hit by reduced U.S. and EU orders. Economists warn that sustained sluggish trade could weigh on China’s manufacturing rebound despite policy support. Beijing is expected to introduce targeted fiscal incentives to stabilize export industries amid a challenging global macro environment.