An aerial view of a container ship leaving the dockyard in Qingdao in east China’s Shandong province.
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China’s trade data in December beat expectations by a large margin, with exporters continuing to frontload shipments as worries over additional tariffs mount, while the country’s stimulus measures appear to be supporting demand in the industrial sector.
Exports in December jumped 10.7% in U.S. dollar terms from a year earlier, data from China’s customs authority showed Monday, beating expectations of a 7.3% growth in a Reuters poll. That compares with a 6.7% growth in November and a spike of 12.7% in October.
Customs data showed imports rose 1.0% last month from a year earlier, reversing from the contraction in the preceding two months. Analysts had forecast imports to fall 1.5% on year. That compares with a bigger drop of 3.9% in November and 2.3% in October.
Last year, China’s yuan-denominated total exports jumped 7.1% from the previous year, accelerating from a …