• China November exports, imports rise unexpectedly, commodity purchases soar

    8 Dec 2016 | Economic News

 

China's November exports rose unexpectedly by 0.1 percent from a year earlier, while imports expanded 6.7percent on strong demand for commodities from coal to iron ore, official data showed on Thursday.


That left the country with a trade surplus of $44.61 billion for the month, the General Administration of Customs said.


China, the world's largest trading nation, could be heavily exposed to protectionist measures next year if U.S. President-elect Donald Trump follows through on campaign pledges to brand it a currency manipulator and impose heavy tariffs on imports of Chinese goods.


Reference: Reuters
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