China 's exports and imports fell more than was expected in October , suggesting an economic recovery could be faltering . Exports decreased by 7.3 % and imports by 1.4 % YoY ; both drops were larger than analysts had expected . Although recent data suggest China 's economy was declining , analysts warn the oil boom which has created a significant portion of the growth could be peaking , thereby reducing demand for raw materials such as steel and cement .
China's exports and imports fell more than was predicted in October, suggesting an economic recovery could be faltering. Exports decreased by 7.3% and imports by 1.4% YoY; both drops were larger than analysts had expected. Although recent data suggested China's economy was steadying, analysts warn the property boom which has created a significant share of the growth could be peaking, thereby dampening demand for building materials such as steel and cement.