China's 2019 yuan-denominated exports rose 5% from a year ago while imports 1.6% in the same period.
Shipping containers sit stacked at Qingdao Port after snow on February 14, 2019 in Qingdao, Shandong Province of China.China's exports and imports both rose in 2019, Reuters reported citing data from the General Administration of CustomsIn yuan terms, 2019 exports rose 5% from a year ago while imports 1.6% in the same period.For the month of December, exports were up 9% while imports were were 17.7% higher from a year ago, Reuters reported citing data from the Chinese customs.
Zou added that positive U.S-China sentiment on trade boosted the confidence of companies in December. The data comes as U.S. and China remain in a long-drawn trade war, but there may soon be light at the end of the tunnel.
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