China’s Nov exports up 0.5%, imports shrink 0.6%
2023.12.06 23:06
© Reuters. Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. REUTERS/Martin Pollard/File Photo
BEIJING (Reuters) – China’s exports rose 0.5% in November from a year earlier, while imports decreased 0.6%, customs data showed on Thursday.
A Reuters poll of economists had forecast a 1.1% decline in exports and a 3.0% increase in imports.
Contrasting manufacturing activity data for November kept alive calls for further policy support measures to shore up growth, but prompted analysts to question whether predominantly negative sentiment-based surveys were keeping up with recent hard data and early signs of improvement in global trade flows.
