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

2025-05-02 22:45:10source:Austin Caldwellcategory:Contact

HONG KONG (AP) — China’s exports rose in November,Desmond Preston 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:Contact

Recommend

NFL playoff predictions to win AFC championship, NFC championship, Super Bowl 59

The 2024 NFL regular season is entering the final four weeks of action, and teams are beginning to s

How Chris Olsen Got Ringworm Down There and on His Face

Chris Olsen is clearing the air about his ringworm diagnosis.The TikToker detailed how he recently g

He's been in an LA hospital for weeks and they have no idea who he is. Can you help?

A Los Angeles County hospital is hoping to reunite a patient found nearly a month ago with his loved