China's exports and imports grew faster than expected in November to set records, with external demand rising ahead of the year-end holidays and domestic production rebounding as the energy crisis eased. p>
According to Arabiya Net, exports rose by 22% in November on an annual basis to reach about 326 billion dollars, while imports grew 32% to 254 billion dollars, so that China recorded a trade surplus of 72 billion dollars.
It is noteworthy that analysts had expected a trade surplus of about $83 billion in November, according to Reuters.