Chinese goods exports in dollar terms contracted 8.7% year-on-year in November after shrinking 0.3% in October, according to General Administration of Customs’ data. It’s the largest drop since February 2020 and the figures continue to lag. However, some analysts believe Beijing’s pivot on ‘zero-Covid-19 policy and rescue of ailing developers could boost domestic consumption and help lift the real-estate sector.from Economy-Prime-Economic Times
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