China’s exports witnessed a sharp slowdown in November and imports contracted unexpectedly, which constitutes a worrying sign for the performance of the world’s second largest economy, especially with the approaching return of Donald Trump to the White House, which threatens the emergence of new trade risks.
Shipments from China grew by 6.7% in November, which is below expectations and lower than the growth rate recorded in October of 12.7%.
Imports recorded a contraction of 3.9%, which is the worst performance in 9 months.