China Exports Rise Much Weaker Than Expected
China’s exports rose in November at a much weaker pace than expected and imports were flat compared with a year earlier, taking some shine off weekend data that suggested a revival in the world’s second-biggest economy was deepening.
Exports rose 2.9 percent from a year earlier, well below expectations for a 9.0 percent increase and October’s 11.6 percent pace, customs figures showed on Monday. Imports were unchanged on the year, weaker than forecasts for a 2.0 percent increase.
The data represented the weakest performance for exports and imports since August.