China’s exports massively beat market expectations in November as manufacturers rushed to ship out inventory on the back of a trade deal with Washington, following a meeting between the leaders of the world’s top two economies. Outbound shipments surged 5.9% in November in U.S. dollar terms from a year earlier, China’s customs data showed Monday, topping economists’ forecast for a 3.8% growth in a Reuters poll. That growth marked a rebound from an unexpected 1.1% drop in October — the first contraction since March 2024. Imports growth of 1.9%, however, missed expectations for a 3% rise, as Beijing renewed pledges to ... (full story)