AFP, Beijing :
Chinese exports fell more than expected in December, data showed Friday, deepening concerns about the trade outlook for the world’s number-two economy as Donald Trump prepares to take office.
The disappointing figures come as the country tries to position itself as a leader of the global trade regime in anticipation of an American retreat under its proudly protectionist new leader.
The world’s largest trader in goods, China’s performance affects partners from Australia to Zambia, which have been battered as its expansion has slowed to levels not seen in a quarter of a century.
“There remain some obstacles facing China’s foreign trade development,” Customs spokesman Huang Songping told reporters at a news conference announcing the results, adding the international trading environment was “severe and complex”.
Exports slipped 6.1 percent to $209.4 billion in December, Customs said, much worse than the four percent tipped in a survey by Bloomberg News.
Imports were essentially in line with expectations, rising 3.1 percent to $168.6 billion, while the trade surplus dropped nearly a third year-on-year to $40.8 billion.
Chinese exports fell more than expected in December, data showed Friday, deepening concerns about the trade outlook for the world’s number-two economy as Donald Trump prepares to take office.
The disappointing figures come as the country tries to position itself as a leader of the global trade regime in anticipation of an American retreat under its proudly protectionist new leader.
The world’s largest trader in goods, China’s performance affects partners from Australia to Zambia, which have been battered as its expansion has slowed to levels not seen in a quarter of a century.
“There remain some obstacles facing China’s foreign trade development,” Customs spokesman Huang Songping told reporters at a news conference announcing the results, adding the international trading environment was “severe and complex”.
Exports slipped 6.1 percent to $209.4 billion in December, Customs said, much worse than the four percent tipped in a survey by Bloomberg News.
Imports were essentially in line with expectations, rising 3.1 percent to $168.6 billion, while the trade surplus dropped nearly a third year-on-year to $40.8 billion.
