After 40 years of reform and opening, China’s trade growth is slowing and policy risks loom as competition with the U.S. grows. K+N saw the worst slowdown in activity among the U.S. freight forwarders in November. Toy import growth looks likely to have had a third lackluster year. Also: AMLO commits to boosting Mexican oil production, but not exports; a review of six U.S. ports shows there was likely another major surge in the trade deficit in November; container shipping rates have slipped, but fuel costs have fallen by more; the U.S. sets 90 days as a hard deadline for talks with China...