Chinese exports declined in November for the fourth consecutive month, falling 1.1% year-on-year compared to the 1% expansion anticipated by analysts in a Reuters poll.
Asian stocks edged slightly higher in afternoon trade, led by Japan on the back of strong economic data for the third quarter, while mainland Chinese shares hovered around the flatline., with the Dow Jones industrial average surging over 300 points following an extremely strong U.S. jobs report.
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Asia stocks set to trade higher; China exports decline in NovemberAsia stocks were set to trade lower on Monday as China's exports declined in November for the fourth consecutive month, Reuters reported citing customs data. China's overseas shipments dropped 1.1% year-on-year in November, below the 1.0% expansion expected by analysts in a Reuters poll. Trump winning, liberals would rather destroy America than allow this month by month export and import does not indicate the health of an economy. however, something like 580 American farmers gone bankrupt recently, and hundreds of American stores closing down, are the correct indicator of a falling economy.
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