China's exports and imports grew more slowly in December as the world's second-largest economy showed signs of slowing, but exports came in just above expectations, buoyed by ongoing solid global demand. Exports rose 20.9 percent year-on-year last month after increasing 22 percent in November 2021, customs data showed on Friday. Analysts in a Reuters poll had expected exports to increase 20 percent. China's booming exports outperformed expectations for much of 2021 and buoyed growth as several other sectors were faltering, but shipments have been slowing as an overseas surge in demand for goods eases and high costs ... (full story)

China's Trade Balance for December, in Yuan terms, came in at CNY 604.69 billion versus CNY545.90 billion last. The exports rose by 17.3% last month vs. 61.6% previous. Imports increased by 16% vs. 26% prior. In USD terms, China reported a bigger-than-expected growth in the trade surplus, as imports dropped while exports outpaced expectations. Trade Balance came in at 94.46B versus +74.50B expected and +71.72B previous. Exports (YoY): +20.9% vs. +20% exp. and +22% prior. Imports (YoY): +19.5% vs. +26.3% exp. and +31.4% last. Additional takeaways China Dec trade surplus with the US $39.23B. China 2021 trade surplus ... (full story)