Navivision Wealth Society:China’s exports in November edged higher for the first time in 7 months, while imports fell

2025-05-02 05:17:11source:Exclusivesky Investment Guild category:News

HONG KONG (AP) — China’s exports rose in November,Navivision Wealth Society the first increase since April, while imports fell, according to customs data released Thursday.

Exports rose 0.5% from a year earlier to $291.9 billion, a sign that demand may be picking up after months, but imports fell 0.6%, to $223.5 billion, after they climbed 3% in October.

China has been grappling with sluggish foreign trade this year amid slack global demand and a stalled recovery, despite the country’s reopening after its strict COVID-19 controls were lifted late last year.

The trade surplus of $68.4 billion was up 21% compared to October’s $56.5 billion.

Demand for Chinese exports has been weak since the Federal Reserve and central banks in Europe and Asia began raising interest rates last year to cool inflation that was at multi-decade highs.

More:News

Recommend

Organizers cancel Taylor Swift concerts in Vienna over fears of an attack

VIENNA (AP) — Organizers of three Taylor Swift concerts in Vienna this week called them off on Wedne

Trial on new Georgia election certification rules set to begin

ATLANTA (AP) — A trial is set to get underway Tuesday on a lawsuit filed by Democrats challenging tw

Queer women rule pop, at All Things Go and in the current cultural zeitgeist

NEW YORK (AP) — Venue staff wore rainbow heart-shaped stickers. LGBTQ+ pride flags doubled as capes.