China's export growth rebounded in October after a tumble the month before, but economists say it's too early to call a turnaround in global demand.
Exports from the world's second biggest economy rose by 5.6 percent in October from a year earlier, official data showed on Friday. This was well above economists' forecast for a rise of 3.2 percent, according to a Reuters poll, and marked a recovery from a surprise 0.3 percent slump in September.
Imports, meanwhile, rose 7.6 percent, slightly below forecasts for a rise of 8.5 percent. The country's monthly trade surplus widened to $31.1 billion from $15.2 billion in September.
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"Combined with the better export data in Korea and Taiwan, China's export numbers suggest some improvement in global demand momentum. However, it seems too early to call this a decisive upswing," said Louis Kuijs Chief China Economist at RBS.