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China's imports post surprise growth in December, exports beat expectations as higher tariffs loom

12 January 2025
in World
China's imports post surprise growth in December, exports beat expectations as higher tariffs loom
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China’s trade data for December surpassed expectations, with exports increasing by 10.7% in US dollar terms, while imports rose by 1.0%, reversing previous contractions. The country’s stimulus measures and frontloading of shipments by exporters amid tariff concerns have supported industrial demand, with a weak yuan boosting outbound shipments, although the outlook remains uncertain due to potential tariff hikes and a real estate crisis impacting domestic demand.

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Tags: Asia EconomybeatBreaking News: Asiabusiness newsChina039sDecemberexpectationsexportsgrowthHigherimportsloomPostSurpriseTariffs
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