Surfwin-China’s exports in November edged higher for the first time in 7 months, while imports fell

2025-05-02 09:04:51source:VAS Communitycategory:Markets

HONG KONG (AP) — China’s exports rose in November,Surfwin 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:Markets

Recommend

Kentucky governor unveils paid leave plan for state workers with a new child or serious illness

FRANKFORT, Ky. (AP) — Kentucky plans to provide state employees with paid time off so they can bond

Watch Animal Rights Awareness Week spotlight the need to improve animal welfare

The U.S. is a nation of animal lovers. According to a Forbes survey, almost 66 percent of American h

Detroit Pistons fire coach Monty Williams after one season that ended with NBA’s worst record

The Detroit Pistons fired coach Monty Williams on Wednesday after just one season that ended with an