the Case in exports in december at 4.4 percent, compared with december 2017, is the largest decline in two years, when China grew at a slower pace than since 1990.
the Decline is surprising because the expectations according to a survey by news agency Bloomberg had pointed to a rise of 2 per cent.
part of the reason for the decline is deemed to be to u.s. importers, faced with the threat that the united states was going to raise the customs duties on 1 January 2019, bought large quantities of goods from China in the fall to avoid the higher rate of duty, but then left to trade when the U.S. president Donald Trump and his chinese colleague Xi Jinping in early december agreed on a ceasefire in trade wars.
at the same time with the case in exports recorded in december, a decline in chinese imports by 7.6 per cent in december. This suggests a reduction in domestic demand of foreign goods.
Imports from the US declined by ten per cent in december, compared with november.
the Statistics in both areas led to a decline of the share prices on the stock exchanges in Shanghai and Hong kong.
When the president of the united states Donald Trump, in 2018 began to coat the chinese goods with the customs measures that the Prc responded with the same coin – was the initial cause, according to Trump, to reduce the gigantic trade deficit with China.
Now shows the final result for the year 2018 that China's surplus with the united states instead increased to 323 billion u.s. dollars, an increase of 17 percent and the largest surplus since 2006, according to Reuters news agency.