Clyde Russell* China's imports of most major goods fell in October as high global prices curbed import volumes, with the exception of iron ore, which held its strength despite early signs of weakness in the steel sector. As the world's largest crude oil importer, China's imports in October reached about 11.39 million barrels per day, marking the third consecutive monthly decline compared to 11.50 million barrels per day in September. Data from China's Customs Administration showed that the country's imports of crude oil, natural gas, copper, and coal all recorded declines compared to September. This decline is expected to reflect rising...
