China Export Prices Drop as Firms Sell Surplus Goods Abroad, Sparking Trade Worries
- China's export prices fell over past year as companies sell excess inventory abroad
- Car export values rose 28% in November but prices dropped 10%
- Steel product export prices also declined due to sluggish domestic demand
- China's "deflationary exports" could ease inflation overseas
- But increased China-overseas price competition causes trade friction fears