China's exports rise 10.7% in December as trade surplus grows

China's exports increased by 10.7% in December, surpassing expectations, while imports grew by 1.0%, marking the strongest performance since July 2024. This growth comes amid concerns over potential trade tensions with the incoming U.S. administration. China's trade surplus rose to $104.8 billion in December, up from $97.4 billion in November. The economy is showing signs of stabilization, with factory activity expanding for three consecutive months and a recovery in services and construction. Despite the positive trade data, challenges remain, including unresolved tariff disputes with the European Union and a decline in crude oil imports. China's leaders plan to implement looser monetary and fiscal policies in 2025 to support economic growth.