China’s exports grew faster than expected in November to hit a record, as external demand surged ahead of the year-end holidays and domestic production rebounded on an easing power crunch. Exports rose 22% in dollar terms from a year earlier to almost $326 billion, while imports grew 31.7%, leaving a trade surplus of $71.2 billion for the month, the customs administration said Tuesday. Economists had forecast exports to grow by 20.3% and imports to increase by 21.5%. The data show the continuing strength of global demand for Chinese goods, which has been strong throughout the pandemic. If the spread of the new ... (full story)