China’s exports seen cooling further in Dec on weak global demand, COVID woes

BEIJING - China's export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning demand both at home and abroad, a Reuters poll showed on Thursday. Data from December are expected to show a 10-percent fall in outbound shipments from a year earlier, after November's figures were down an annual 8.7 percent, according to the median forecast of 29 economists in the poll. That would mark the worst reading since Feb. 2020. Imports are expected to have fallen at a slower pace at 9.8 percent over December, after a fall of 10.6 percent in November. Actual trade data will be released on Frida...Keep on reading: China’s exports seen cooling further in Dec on weak global demand, COVID woes

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