China exports surge demonstrates eight-month maximum

China exports surge demonstrates eight-month maximum

In November, China's exports and imports suddenly speeded up in rather an upbeat sign for the world's number two economy, although experts expect surge to keep cooling amid a government crackdown on financial risks as well as polluting factories.

As global demand has shocked by its strength, customers have lapped up Chinese goods at a fast rate in 2017, giving the Chinese economy a push and providing policy makers with enough room to tighten rules to tame high-risk lending.

In November, exports rallied 12.3% year-on-year, which is the fastest tempo for eight months, driven by firm sales of electronics as well as high-tech goods. Meanwhile, commodity purchases helped to raise imports.

The given number confounded experts’ estimate of a 5% leap.

Tighter rules to tame risks from a fast build-up in debt and reduce pollution have put pressure on the country’s overall activity since the third quarter.

Similar

American import prices rally a bit

In April, American import prices surged less than anticipated in April due to the fact that jumps in the cost of food and petroleum were tamed by the largest tumble in the price of capital goods for a decade, dropping a hint at the fact that inflation…

Latest news

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera