Anonymous ID: ef238b Dec. 7, 2019, 8:32 p.m. No.7452749   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2780 >>2928

China November exports unexpectedly fall, but imports rebound

 

BEIJING (Reuters) - Chinaโ€™s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute.

 

The 17-month long trade war has heightened the risks of a global recession and fueled speculation that Beijing will unleash more stimulus measures to prop up slowing growth in the worldโ€™s second-largest economy.

Overseas shipments fell 1.1% from a year earlier last month, data showed, compared with a 1.0% expansion tipped by a Reuters poll of analysts and a 0.9% drop in October.

 

Chinaโ€™s trade surplus for November stood at $38.73 billion, compared with an expected $46.30 billion surplus in the poll and a $42.81 billion surplus recorded in October.

 

China Jan.-Nov. Trade Surplus With U.S. 1.88T Yuan

https://www.bloomberg.com//news/articles/2019-12-08/china-jan-nov-trade-surplus-with-u-s-1-88t-yuan

 

Imports unexpectedly rose 0.3% from a year earlier, compared with a 1.8% decline forecast by economists and a 6.4% decline in October. This marks the first year-on-year growth since April.

https://www.reuters.com/article/us-china-economy-trade/china-november-exports-unexpectedly-fall-but-imports-rebound-idUSKBN1YC02H