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China’s November Trade Data Is In. Exports Disappointed
China's November trade data betrays an unexpected drop in exports, albeit a shallow one.
Total shipments fell 1.1% in dollar terms last month, the customs administration said Sunday. The market was looking for a small 0.8% uptick.
The "surprisingly" weak results come courtesy of a still challenging external environment, as trade frictions and rampant geopolitical uncertainty weigh on demand.
On the bright side, imports actually rose 0.3% in November, snapping a six-month streak in contracti
