China’s exports beat expectations in November, ending a six-month decline stemming from weaker global appetite for the country’s goods. Exports rose 0.5% from a year earlier in November, according to data released by the General Administration of Customs on Thursday.
A median forecast of economists polled by The Wall Street Journal had expected November’s exports to stay flat from a year earlier, after falling 6.4% in October. China’s imports declined 0.6% from a year earlier in November, undershooting the 3.0% increase expected by surveyed economists and October’s 3.0% growth. That put China’s trade surplus at $68.39 billion in November, higher than the $57.1 billion projected in the poll and the $56.53 billion surplus recorded in October.
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A median forecast of economists polled by The Wall Street Journal had expected November’s exports to stay flat from a year earlier, after falling 6.4% in October. China’s imports declined 0.6% from a year earlier in November, undershooting the 3.0% increase expected by surveyed economists and October’s 3.0% growth. That put China’s trade surplus at $68.39 billion in November, higher than the $57.1 billion projected in the poll and the $56.53 billion surplus recorded in October.
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