Chinese soybean imports surged in September, climbing more than 13 percent year over year as overall imports rose sharply. Bank of America Global Research says imports from Brazil were up 24 percent, while purchases from the U.S. fell more than 16 percent, matching August’s decline. Total imports into China increased 7.4 percent, narrowing the trade surplus with the U.S. from $102.3 billion to $90.5 billion. Analysts say the data show continued resilience in China’s exports, supported by stable demand outside the U.S.
