China’s exports rebounded in November after declining in October, as trade sentiment improved on the heels of high-level China-US talks.
Outbound shipments rose 5.9 per cent year on year to US$330.35 billion, customs data showed on Monday. This marked an improvement from October’s 1.1 per cent drop and beat the 3 per cent increase projected by financial data provider Wind.
Imports reached US$218.67 billion in November, rising 1.9 per cent year on year, accelerating from October’s 1 per cent growth but missing Wind’s 2.85 per cent forecast. China posted a trade surplus of US$111.68 billion for the month.
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