Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US markets
China’s yuan-denominated exports to Russia fell for an eighth straight month in November, today’s customs data shows.
Reuters has the details:
Shipments to Russia dropped to 67.71 billion yuan (£7.2bn) in November, 5.1% less than the same month last year. Exports plunged 22% in October.
Imports from Russia rose 3.2% on-year, accelerating from October’s 2.5% growth.
“I told them that if they don’t react, we Europeans will be forced to take strong measures in the coming months,”
Continue reading…Trade data shows China’s exports topped forecasts in November, driven by a surge in shipments to non-US marketsChina’s yuan-denominated exports to Russia fell for an eighth straight month in November, today’s customs data shows.Reuters has the details:Shipments to Russia dropped to 67.71 billion yuan (£7.2bn) in November, 5.1% less than the same month last year. Exports plunged 22% in October.Imports from Russia rose 3.2% on-year, accelerating from October’s 2.5% growth.“I told them that if they don’t react, we Europeans will be forced to take strong measures in the coming months,” Continue reading…
