China exports jump more than expected

China reported much stronger than expected export growth in November, adding to inflation fears.

Exports were up 34.9 per cent compared with a year earlier.

The rise was forecast to be 25 per cent, while in October the increase was only 22.9 per cent.

Imports rose by 37.7 per cent, but the country's strade surplus still widening by 15 per cent from a year ago to almost $23bn.

Meanwhile inflation is set to hit a new 28-month high of 5.1 per cent when new figures are issued.