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Home.forex news reportChina Exports Rebound In November

China Exports Rebound In November

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China’s exports recovered in November after falling in October, data from the customs office revealed Monday.

Exports grew 5.9 percent on a yearly basis in November, reversing a 1.1 percent fall in October. Shipments were forecast to expand 3.8 percent.

At the same time, imports posted an annual growth of 1.9 percent after rising 1 percent in the previous month. However, this was weaker than the expected growth of 2.8 percent.

Consequently, the trade balance showed a surplus of around $112 billion in November, above the forecast of $100.2 billion.

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