Weakness in Eurozone Shows More Negative Impacts on China’s Trade

Trade surplus in China narrowed to $14.5B in November from $17.0B a month ago. During the month, growth in exports moderated to +13.8% as EU demand weakened. Growth in imports also softened, signaled slowdown in domestic activities was a result of the global economic headwind and the Chinese government’s tightening measures.

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Weakness in Eurozone Shows More Negative Impacts on China’s Trade