HONG KONG (MarketWatch) -- China's trade surplus widened in October from September, even as import growth outpaced export growth for the month, government data showed Wednesday. The nation's trade surplus widened to $27.15 billion for the month from $16.9 billion in September, according to government figures cited by the state-run Xinhua news agency. The figure was slightly larger than expectations of $26.4 billion, according to a poll of 12 economists by Dow Jones Newswires. Imports grew 25.35% for the month, while exports were up 22.9%. The result will likely provide further ammunition for critics who say China is deriving an unfair trade advance from an undervalued currency.
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