Posted 557 days ago
China’s Export Growth Slows, Imports Decline Ahead of Trump Tariffs
China's exports grew at a slower pace in November, increasing by just 6.7% compared to the previous year, while imports unexpectedly fell by 3.9%. This slowdown comes as Donald Trump's return to the White House brings new trade risks, with the President-elect planning to add a 10% tariff on Chinese goods.
China's trade surplus grew to $97.44 billion in November, up from $95.72 billion in October. The country's coal imports rose 26% year-on-year, a record high, while copper imports hit a one-year high, fueled by shipments from Africa.
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