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China's Nov exports up 0.5%, imports shrink 0.6%

Published 12/06/2023, 10:21 PM
Updated 12/06/2023, 10:26 PM
© Reuters. Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. REUTERS/Martin Pollard/File Photo

BEIJING (Reuters) - China's exports rose 0.5% in November from a year earlier, while imports decreased 0.6%, customs data showed on Thursday.

© Reuters. Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. Picture taken May 17, 2020. REUTERS/Martin Pollard/File Photo

A Reuters poll of economists had forecast a 1.1% decline in exports and a 3.0% increase in imports.

Contrasting manufacturing activity data for November kept alive calls for further policy support measures to shore up growth, but prompted analysts to question whether predominantly negative sentiment-based surveys were keeping up with recent hard data and early signs of improvement in global trade flows.

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