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1st LD: China foreign trade decline contracts in November

Xinhua, December 8, 2015 Adjust font size:

China's foreign trade in November dropped 4.5 percent year on year to 2.16 trillion yuan (337 billion U.S. dollars), the ninth consecutive monthly decline, official data showed Tuesday.

The decline range in November significantly contracted when compared with the nine-percent year-on-year plunge registered in October, the General Administration of Customs data showed.

Exports dropped 3.7 percent to 1.25 trillion yuan and imports fell by 5.6 percent to 910 billion yuan. The trade surplus expanded by two percent to 343.1 billion yuan.

In the first 11 months, foreign trade dropped 7.8 percent year on year to 22.08 trillion yuan. They were separated into 12.71 trillion yuan for exports, down 2.2 percent; and 9.37 trillion yuan for imports, down 14.4 percent. Meanwhile, the trade surplus surged 63 percent to 3.34 trillion yuan. Endi