China's exports rise 10.7% in December as factories prepare for potential US tariffs
China's exports rose 10.7% in December, surpassing expectations of 7%. This increase comes as factories worked to fulfill orders before potential higher tariffs from the incoming U.S. administration. Imports also exceeded forecasts, growing 1% instead of the expected decline of 1.5%. This indicates stronger demand for foreign goods in China. The anticipated tariffs from U.S. President-elect Donald Trump could impact Chinese exports by raising prices in the U.S. and affecting profit margins for exporters.