China’s ex­ports weaken

The Sunday Mail (Queensland) - - NEWS -

CHINA’S ex­ports de­cel­er­ated in Novem­ber amid a tar­iff bat­tle with Wash­ing­ton and cool­ing global de­mand.

Cus­toms data yes­ter­day showed ship­ments to the US rose by a rel­a­tively ro­bust 12.9 per cent over a year ago to $46.2 bil­lion, down from Oc­to­ber’s 13.3 per cent.

Over­all, China’s global ex- ports rose 5.4 per cent to $227.4 bil­lion, a sharp de­cline from the pre­vi­ous month’s 12.6 per cent in­crease.

Chi­nese ex­ports to the US have held up de­spite Pres­i­dent Don­ald Trump’s tar­iff hikes in a dis­pute over tech­nol­ogy.

That is due partly to ex­porters rush­ing to fill or­ders be­fore pos­si­ble duty in­creases.

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