China's U.S.-bound goods fell for an eighth straight month despite a recent trade deal between the two economies, even as overall exports surpassed market expectations in November as manufacturers loaded up shipments to other markets.
Outbound shipments surged 5.9% last month in U.S. dollar terms from a year earlier, China's customs data showed Monday, topping economists' forecast for a 3.8% growth in a Reuters poll. That growth marked a rebound from an unexpected 1.1% drop in October — the first contraction since March 2024.
Imports rose 1.9% last month, missing expectations for a 3% rise, as a protracted housing downturn and rising job insecurity continued to be drag on domestic consumption. Growth was higher compared to 1% in October.
Chinese officials have renewed pledges to expa

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