Cargo ships dock at the container terminal in Lianyungang Port, East China’s Jiangsu province, Dec 7, 2022.CFOTO | Future Publishing | Getty ImagesBEIJING — China’s exports and imports fell less than expected in December, the customs administration said Friday.The milder slump meant trade still grew for all of 2022.China’s exports fell by 9.9% in December from a year ago in U.S.-dollar terms, slightly better than the 10% decline forecast by a Reuters’ poll.China’s imports fell by 7.5% year-on-year in December in U.S.-dollar terms, also better than the 9.8% decline predicted by Reuters.Strong exports bolstered China’s economy in the last two years. But economists anticipate a slowdown in demand from the U.S. and Europe.Read more about China from CNBC ProAlready, China’s exports started to fall year-on-year in October — for the first time since May 2020, according to Wind …
