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

2025-04-30 18:43:53source:FinLogiccategory:Stocks

HONG KONG (AP) — China’s exports rose in November,Quantum Insights 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:Stocks

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

NASA launch live stream: Watch Antares rocket take off for International Space Station

NASA plans to send the Northrop Grumman’s Antares rocket on an expedition to the International Space

How the Trump fake electors scheme became a ‘corrupt plan,’ according to the indictment

WASHINGTON (AP) — The role that fake slates of electors played in Donald Trump’s desperate effort to