Chinese trade surged well ahead of expectations in November, with exports soaring 10% higher vs. expectations of a 2% growth in yuan terms. Improving business sentiment should mean that isn’t too much of a surprise, and that it could continue. Growth was led by PC components (18% better) though basic industries did less well with a 2% drop in steel shipments. The good news for other countries is that imports climbed even faster, at 16%, helping South Korea (11% of China’s imports) and Japan (10%). ASEAN was the fastest growing region for exports, with a 20% growth rate. It’s exports to t...