BEIJING (AP) — China’s exports rose 21.4% in November over a year ago but growth eased, while import growth accelerated to 31.7%.
Exports rose to $325.5 billion, slowing from October’s 27.1% expansion, customs data showed Tuesday. Imports surged to $253.8 billion, up from the previous month’s 20.6%.
China’s exports have been boosted by foreign demand at a time when other global competitors are hampered by anti-coronavirus controls. Imports have accelerated as domestic demand recovers.
Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.