China’s exports in December increase 18.1% year-on-year, imports 6.5%, the main forecasts By Reuters

© Reuters. FILE PHOTO: Containers seen at Yangshan Deepwater Port in Shanghai

BEIJING (Reuters) – China’s exports grew more than expected in December as global demand for Chinese goods remained strong while import growth accelerated, customs data showed on Thursday. Exports increased 18.1% in December compared to the previous year. Analysts in a Reuters poll had expected exports to grow 15% after a 21.1% rise in November. Meanwhile, imports grew 6.5% last month from a year earlier, against expectations of a 5% increase and a 4.5% increase in November. China posted a trade surplus of $ 78.17 billion in December. Analysts in the survey expected the trade surplus to shrink to $ 72.35 billion from $ 75.40 billion in November.

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