China's exports rise 10.7% in December, exceeding forecasts

apnews.com

China's exports in December increased by 10.7%, surpassing expectations of 7%. This growth comes as factories aimed to fulfill orders before potential higher tariffs from U.S. President-elect Donald Trump take effect. Imports rose by 1%, contrary to predictions of a 1.5% decline. As a result, China's trade surplus expanded to $104.84 billion. Analysts suggest that strong export performance may continue in the short term as businesses prepare for possible tariff increases. However, exports could decline later in the year if tariffs are implemented.


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