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China Export Growth Weakens; Imports Post Surprise Decline

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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China's exports growth weakened more than expected in November and imports posted a surprise decline due to the weak domestic demand, highlighting the risk of deepening economic slowdown as the property market has yet to bottom out amid threats of global trade protectionism measures.

Exports grew 6.7 percent annually in November, which was weaker than the 12.7 percent increase posted in October, figures from the customs office showed Tuesday. Economists had forecast an annual growth of 8.5 percent.

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