The latest Chinese trade data showed that exports surged 12.7% year-over-year in November, up from 5.6% the previous month. This is also beat expectations for a 7% rise. The slowdown in import growth and the surge in exports resulted in a trade surplus of $33.1 billion. Exports got a nice boost from improving global economy. Export growth to the U.S. jumped 17.7% on the year in November, up from 8.1% the previous month. Exports to the EU surged 16.7%, compared with 12.7% in October. Exports to t...
The latest Chinese trade data showed that exports surged 12.7% year-over-year in November, up from 5.6% the previous month. This is also beat expectations for a 7% rise. The slowdown in import growth and the surge in exports resulted in a trade surplus of $33.1 billion. Exports got a nice boost from improving global economy. Export growth to the U.S. jumped 17.7% on the year in November, up from 8.1% the previous month. Exports to the EU surged 16.7%, compared with 12.7% in October. Exports to t...
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