China December exports down as trade tensions with US loom
For the full year, overseas shipments are 7.7% lower at US$2.1 trillion; trade surplus comes to US$510 billion
Beijing
CHINA exports in December have fallen amid tepid global growth and threats of a trade war with the United States, China's biggest export market.
Overseas shipments dropped 6.1 per cent from a year earlier in US dollar terms. For the full year, exports fell 7.7 per cent to US$2.1 trillion.
Imports fared better, rising 3.1 per cent on strong demand for commodities, leaving China with a US$40.8 billion trade surplus. Over the year, imports dropped 5.5 per cent to US$1.59 trillion.
That left a trade surplus of US$510 billion for t…
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