Economists surprised by strong China trade data for November

China's foreign trade was surprisingly strong in November according to economists, amid export growth at two-year highs and import demand that slowed by much less than had been expected. According to the country's Customs and Administration, in local currency terms the rate of growth of exports picked up from a 6.1% pace year-on-year in October to 10.3% for November (consensus: 2.0%). Import growth also outpaced forecasts, rising by 15.6% year-on-year. That was less than October's reading of ...

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