China's Exports Surge Amid Trade Tensions and Import Gains

Reported 1 day ago

In December, China's exports rose by 10.7% year-on-year, aided by factories sending goods abroad before potential tariffs under the incoming Trump administration, while imports unexpectedly increased by 1.0%. Despite an ongoing property crisis and low consumer confidence, the country's trade surplus expanded to $104.8 billion. Analysts suggest potential shifts in export patterns due to impending tariffs, although overall domestic demand recovery remains fragile.

Source: YAHOO

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