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China exports growth hits 8-month high; Nov surplus with US at $27.87 bn

Exports in November rose 12.3 percent year-on-year, the fastest pace in eight months

Reuters  |  Beijing 

China's exports and imports unexpectedly accelerated last month in an encouraging sign for the world's second-biggest economy, though analysts expect growth to continue cooling amid a government crackdown on financial risks and polluting factories. As global demand has surprised with its strength, consumers have lapped up Chinese goods at a rapid rate this year, giving the economy a boost and providing policy makers room to tighten rules to curb high-risk lending. Exports in November rose 12.3 percent year-on-year, the fastest pace in eight months, led by strong sales of ...

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First Published: Fri, December 08 2017. 20:17 IST
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