CHINA's exports rose slightly in November, breaking a six-month run of consecutive declines and giving a boost to policymakers looking to revive a flagging recovery in the world's second-largest economy, reports London's Financial Times.
Exports rose 0.5 per cent year on year in dollar terms, official data showed, compared with a forecast 1.1 per cent decline in a Reuters poll of analysts. In October exports dropped 6.4 per cent compared with the same period a year earlier.
Imports, however, fell 0.6 per cent, compared with a forecast 3.3 per cent increase and a three per cent bump in October, raising concerns that domestic demand remains weak.
In China's markets, the uptick in exports was overshadowed by rating agency Moody's decision to lower the country's credit rating outlook to negative.
Mainland and Hong Kong-listed shares hit a near five-year low as the negative outlook weakened investor confidence in China's prospects for stronger economic growth.
SeaNews Turkey
Exports rose 0.5 per cent year on year in dollar terms, official data showed, compared with a forecast 1.1 per cent decline in a Reuters poll of analysts. In October exports dropped 6.4 per cent compared with the same period a year earlier.
Imports, however, fell 0.6 per cent, compared with a forecast 3.3 per cent increase and a three per cent bump in October, raising concerns that domestic demand remains weak.
In China's markets, the uptick in exports was overshadowed by rating agency Moody's decision to lower the country's credit rating outlook to negative.
Mainland and Hong Kong-listed shares hit a near five-year low as the negative outlook weakened investor confidence in China's prospects for stronger economic growth.
SeaNews Turkey
