China's exports grew faster than expected in December as factories scrambled to meet orders amid uncertainty over trade tariffs that U.S. President-elect Donald Trump might impose.
China's exports grew a record 10.7 percent last month from the same period last year, beating expectations of about 7 percent. Imports also exceeded expectations, growing by 1 percent.
U.S. President-elect Donald Trump has vowed to impose 10 percent tariffs on Chinese goods and close some loopholes that exporters currently use to sell their products cheaper in the United States.
Source (Al-Arabiya.net Website, Edited)
