• China's exports rose 5.9% in November, exceeding forecasted growth.
• Import growth was slower than expected at 1.9%, falling short of predictions.
• The trade surplus for November reached $111.68 billion, up from $90.07 billion in October.

In November, China's exports rebounded impressively with a growth of 5.9% year-on-year, after a decline in October. This rise is attributed to an easing of trade tensions with the U.S. and suggests improving trade sentiments following high-level negotiations between the two countries. Outbound shipments totaled US$330.35 billion, surpassing the 3% increase projected by financial data provider Wind, indicating a robust recovery in trade conditions, according to SCMP and Reuters.

Imports in November showed a 1.9% increase, which, while an improvement over October's 1% growth, fell short of economists' expectations for a 3% rise. This sluggish performance highlights ongoing difficulties within the domestic economy, where demand remains weak, possibly due to a prolonged downturn in the property sector, according to Reuters and The Jakarta Post.

China's trade surplus, however, surged to $111.68 billion in November, marking a significant increase from the previous month's $90.07 billion and exceeding forecasts of $100.2 billion. This includes a remarkable diversification in export markets as China seeks to strengthen ties with non-U.S. partners amid ongoing tariff challenges. Exports to the European Union, for example, rose by 14.8% while shipments to Australia climbed by 35.8%, indicating a strategy to mitigate the impact of high U.S. tariffs, as noted by The Jakarta Post.

The reliance on U.S. markets remains a concern, with shipments to the U.S. declining sharply by 29% year-on-year this November. Despite the tariffs being scaled back, this drop reflects a significant challenge as Chinese exporters struggle to adapt to heightened tariffs imposed under the current U.S. administration. Analysts suggest this shift towards non-U.S. sales channels is becoming crucial as China's export landscape evolves, as highlighted in reports from The Jakarta Post and Reuters.