Weak demand at home and overseas dented Chinese imports and exports alike last month, reflecting ongoing weakness in the economy.
Imports fell 8.7 per cent in US dollar terms in November compared with a year earlier, trimming losses after a 12.6 per cent drop in October, customs data showed on Tuesday. Exports for November fell 6.8 per cent year-on-year, steeper than the 5 per cent fell seen in October.
Declining imports reflect both the fall in prices of commodities such as oil, iron ore, and copper, as well as sluggish demand for basic materials amid a slowdown in the Chinese manufacturing and construction sectors.
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