Chinese exports edge higher for first time in 6 months

China’s exports rose slightly in November, breaking a six-month run of consecutive declines and giving a boost to policymakers looking to revive a flagging recovery in the world’s second-largest economy.

Exports rose 0.5 per cent year on year in dollar terms, official data showed on Thursday, compared with a forecast of a 1.1 per cent decline in a Reuters poll of analysts. In October, exports dropped 6.4 per cent compared with the same period a year earlier.

Imports, meanwhile, fell 0.6 per cent, compared with a forecast of a 3.3 per cent increase and a bump of 3 per cent in October.