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China's trade boom hits speed bump as December imports growth slows sharply

Reuters  |  BEIJING 

BEIJING (Reuters) - China's exports and imports growth slowed in December after surging in the previous month, adding to signs of ebbing economic momentum as the government extends a crackdown on financial risks and factory pollution.A synchronized uptick in the global economy over the past year has been a boon to China and much of trade-dependent Asia, with Chinese exports in 2017 growing at their quickest pace in four years. The sharp December imports slowdown, however, is raising concerns that the world's second-biggest economy faces domestic-demand pressure as authorities turn off cheap ...

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First Published: Fri, January 12 2018. 12:26 IST
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