Despite surprising on the upside for much of the year, Chinese data have shown the country's economy is now coming under some pressure.
In November, growth in China's manufacturing sector stalled for the first time in over two years as new export orders shrank, an official survey of large enterprises showed. A private survey confirmed a shrinking of export orders for small and medium companies as well.
Chinese customs data confirmed the slowing of export growth as the value of November shipments out of the country only rose 5.4 percent from a year earlier — the weakest performance since a 3 percent contraction in March, and well short of the 10 percent forecast in a Reuters poll.
The customs data showed that annual growth for exports to all of China's major partners slowed significantly.
That was even true for exports to the United States, which in November rose 9.8 percent from a year earlier — marking a slowdown from October's 13.2 percent year-over-year growth.
On Friday, the Chinese statistics bureau reported slower-than-expected industrial output and retail sales growth for the month of November.
—Reuters contributed to this report.
Twelve US execs explain how Trump's trade war affects their bottom lines