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China's exports weaken amid US tariff battle, cooling demand

China's export growth decelerates in November amid tariff battle with Washington, cooling global demand

Reported by: AP [ Published on: December 08, 2018 12:15 IST ]
Image Source : AP China's exports weaken amid US tariff battle, cooling demand

BEIJING (AP) — China's exports decelerated in November amid a tariff battle with Washington and cooling global demand.

Customs data on Saturday showed shipments to the United States rose by a relatively robust 12.9 percent over a year ago to $46.2 billion, down from October's 13.3 percent.

Overall, China's global exports rose 5.4 percent to $227.4 billion, a sharp decline from the previous month's 12.6 percent increase.

Chinese exports to the United States have held up despite President Donald Trump's tariff hikes in a dispute over technology. That is due partly to exporters rushing to fill orders before more possible duty increases.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.

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