China’s Commodities Imports Resilient as Markets Eye Stimulus

Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy.

The government’s measures to stimulate growth should keep commodities purchases relatively firm in coming months as traders anticipate a boost to consumption. Legislators could reveal more on the fiscal componentBloomberg Terminal of that when their latest meeting wraps on Friday. Markets will be hoping for additional support given the trade challenges likely to be posed by Donald Trump’s return to the White House.