Thanks, Donald! U.S Exports To China Plunge 25% Y/Y In November

But the most notable, and politically-relevant observation by far, was the sharp plunge in Chinese imports from the US, which tumbled 25% in November from a year earlier: this was the single biggest monthly decline since January 2016 when China’s economy and capital markets were reelilng in the aftermath of the Yuan devaluation and Shanghai Composite bubble bursting.