China's Nov exports up 0.5%, imports shrink 0.6%
- China's exports increased by 0.5% in November, the first rise since April, reversing a 6.4% decline in October.
- Imports in November saw a 0.6% drop, marking a return to contraction and highlighting weakness in consumer activity.
- Despite the uptick in exports, shipments to the European Union and the United States dropped by 5.8% and 8.5% respectively, with analysts predicting no significant improvement in the coming months.
47 Articles
47 Articles
China says exports rise for first time in seven months
Chinese exports rose in November for the first time in seven months, officials said Thursday, as the country navigates a troubled recovery from the COVID-19 pandemic. However, the reading compares with a low base from last year when authorities were still wedded a zero-COVID policy that hammered output and business…
China exports up for the first time in 6 months
China exports up, imports down points to uneven economic recoveryALBAWABA – China exports picked up for the first time in six months in November, which suggests that the manufacturing sector in the world’s second-largest economy may be recovering, though slowly...
China’s exports rise for the first time in six months, but won’t boost slump in the economy
Hong Kong (CNN) — China’s exports increased for the first time since April, while imports inched downward, data from the world’s second largest economy showed on Thursday.
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