China reports unexpected rise in exports, imports slump moderates

China reported better-than-expected trade data in December, with exports posting an unexpected rise while an import slump moderated, customs data showed, Xinhua said. Exports in yuan-denominated terms climbed 2.3 percent year on year in December against November’s 3.7-percent drop, while imports declined 4 percent, an improvement over the previous month’s 5.6-percent fall, leaving a widening […]

Read more