China December trade beats forecasts: exports up 7.6%, imports up 16.3%

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China December trade beats forecasts: exports up 7.6%, imports up 16.3%
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China's exports in December rose 7.6% from a year earlier, customs data sho...

FILE PHOTO - A worker checks containers at a logistics center near Tianjin port, in Tianjin, China December 12, 2019. Picture taken December 12, 2019. REUTERS/Yilei Sun

BEIJING - China’s exports in December rose 7.6% from a year earlier, customs data showed on Tuesday, signalling a modest recovery in demand as a preliminary trade deal with the United States raised hopes that a prolonged tariff war will be de-escalated.The median forecast from a Reuters poll of analysts had been for a 3.2% rise in exports in December, following November’s 1.3% drop.China posted a trade surplus of $46.

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