FX.co ★ China Imports Climb Above Forecasts

China’s imports surged 41.6% year-on-year to $307.05 billion in October 2026, beating market expectations of a 32% increase and accelerating from a 31.0% gain in September. This was the fastest annual growth since May 2021. Over the January–October period, total imports rose 29.0% from a year earlier to $2.74 trillion. By category, imports of integrated circuits jumped 65.1%, copper ore and concentrates climbed 28.4%, and crude oil imports increased 4.5%.