Japanese exports to China continued to decline in October amid tension over the Diaoyu Islands.
Diaoyu tension takes toll on Japan's economy
Special: Diaoyu Islands Dispute
Trade protectionism targeting China will continue to be "severe" unless developed markets stop politicizing trade investigations into made-in-China goods.
A rice deal signed during Premier Wen Jiabao's official visit to Thailand took immediate effect, as the Chinese private sector bought 260,000 tons of rice worth about $228 million from Thailand.
China's exports are expected to grow by 12 percent annually from 2013 to 2015, mainly driven by expanding trade with emerging markets, HSBC said.
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