China’s annual import and export figures slowed sharply in November, data showed on Monday, reinforcing signs of fragility in the world’s second-largest economy.
Exports rose 4.7 percent in November from a year earlier, much slower than an 11.6 percent rise in October and below expectations for an 8.2 percent increase in a Reuters poll.
Imports fell an annual 6.7 percent in November, well below October’s 4.6 percent rise, and below expectations for a 3.9 percent increase. That left the country with a trade surplus of $54.5 billion for the month, above expectations of $43.5 billion.
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