China's exports rise 10.7% in December as imports surprise with growth

China's exports grew by 10.7% in December, surpassing expectations and improving from November's 6.7% increase. Imports also rose by 1.0%, contrary to predictions of a decline, marking the strongest growth since July 2024. The trade surplus expanded to $104.8 billion, up from $97.4 billion in November. Despite ongoing trade tensions with the U.S. and the European Union, there are signs of economic stabilization in China, aided by recent stimulus measures. Factory activity showed modest growth for the third month, while services and construction improved in December. China's leaders plan to implement looser monetary and fiscal policies in 2025 to support economic growth, targeting around 5%.