China’s exports fell by 8.7 per cent last month from a year earlier to US$296 billion. Photo: Reuters
China’s exports fell by 8.7 per cent last month from a year earlier to US$296 billion. Photo: Reuters
China trade

China trade: exports and imports contract in November, as ‘bumpy reopening’ clouds outlook

  • The decline comes amid weakening global trade momentum as high inflation eats into demand in developed countries
  • Analysts expect exports will stay weak in the next few months as China pivots away from zero-Covid and reopens

China’s exports fell by 8.7 per cent last month from a year earlier to US$296 billion. Photo: Reuters
China’s exports fell by 8.7 per cent last month from a year earlier to US$296 billion. Photo: Reuters
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