Michael Schmidt-China’s exports in November edged higher for the first time in 7 months, while imports fell

2025-05-06 18:55:02source:Exclusivesky Investment Guild category:Stocks

HONG KONG (AP) — China’s exports rose in November,Michael Schmidt the first increase since April, while imports fell, according to customs data released Thursday.

Exports rose 0.5% from a year earlier to $291.9 billion, a sign that demand may be picking up after months, but imports fell 0.6%, to $223.5 billion, after they climbed 3% in October.

China has been grappling with sluggish foreign trade this year amid slack global demand and a stalled recovery, despite the country’s reopening after its strict COVID-19 controls were lifted late last year.

The trade surplus of $68.4 billion was up 21% compared to October’s $56.5 billion.

Demand for Chinese exports has been weak since the Federal Reserve and central banks in Europe and Asia began raising interest rates last year to cool inflation that was at multi-decade highs.

More:Stocks

Recommend

A South Texas lawmaker’s 15

MCALLEN, Texas (AP) — The Texas Legislature can be full of surprises.But for the last eight sessions

Korean War veteran from Minnesota will finally get his Purple Heart medal, 73 years late

MINNEAPOLIS (AP) — A Korean War veteran from Minnesota who still carries shrapnel in his leg from wh

Murder charges filed against woman who crashed into building hosting birthday party, killing 2 kids

BERLIN TOWNSHIP, Mich. (AP) — A Michigan woman was charged Tuesday with second-degree murder and oth