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China exports tumble for 5th straight month, down -6.8% in USD terms

FXStreet (Mumbai) - In US dollar terms, China’s trade surplus contracted $54.10 billion for the month, down from October's record high of $61.64 billion.

Imports fell for the 13th consecutive month, though the decline eased last month. Imports fell 8.7%, against forecasts of a 12.6 % decline and a drop of 18.8% in October. While exports fell more than expected in Nov, coming in at -6.8% from a year earlier and declining for the fifth straight month in Nov.

India: GDP to grow 7.5% in 2015, 7.6% in 2016 – NAB

Research Team at NAB economics, is forecasting Indian economy to register a 7.5% expansion in 2015, followed by 7.6% in 2016.
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Australia: Business conditions remain buoyed by the non-mining recovery - NAB

Research Team at NAB, notes that the latest NAB Monthly Business Survey suggests the apparent recovery in the non-mining economy has remained on track, with business conditions holding up at above average levels for the past nine months.
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