China's exports slowed in November on the back of the euro area debt crisis, raising speculations the government will continue monetary easing to spur the economy.

Exports fell to 13.8%, the slowest pace since 2009, compared with 15.9% advance recorded in October. On the other hand, imports also cooled down to 22.1% from 28.7% in October.

Consequently, trade surplus narrowed to $14.5 billion from the prior surplus of $17 billion.

Now, expectations refer to a possible cut in reserve requirements for banks as well as other measures to simulate the economy.