China’s export growth was faster than expected in September, as solid global demand offset some of the pressure on factories from power shortages and a resurgence of domestic COVID-19 cases.
Monthly Archives For October 2021
China’s imports grow 17.6% in September, missing expectations
China reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency.
China Sept trade surplus with the United States at $42 billion
China’s trade surplus with the United States stood at $42 billion in September, Reuters calculations based on Chinese customs data showed on Wednesday, up from $37.68 billion in August. For the …
China Customs: Trade still faces relatively many uncertain, unstable factors
After the release, the trade body came out with the following headlines, citing that China’s trade still faces relatively many uncertain and unstable factors. “Foreign trade will soften in the fourth …
China’s Exports Climb About 20% in September Despite Energy Crisis
China’s exports in yuan terms grew at a faster pace in September than the previous month despite a nationwide power crunch that forced businesses to cut production. Export growth accelerated to about …
China’s foreign trade goes up by 22.7% in first three quarters
China’s foreign trade volume totaled 28.33 trillion yuan ($4.39 trillion) in the first three quarters of 2021, up by 22.7 percent year on year, data released by the General Administration of Customs …
China stocks fall on slowdown jitters while Hong Kong markets are shut on typhoon Kompasu warning
China’s import and export growth probably slowed last month, according to the estimates of economists polled by Bloomberg before a government report, clouding recovery outlook. BlackRock, the world’s …
Xiaohongshu reportedly mulls IPO in Hong Kong instead of US
According to Bloomberg as it cited a source familiar with the matter, deliberations are still ongoing and the details, including fundraising size and timing, could change.
Morgan Stanley upgrades China property to ‘attractive’ despite default fears
The U.S. investment bank said it believes that policy easing of the property sector looks likely to kick in, which will support Chinese real estate stocks.
China begins massive anti-corruption trawl of banks and other financial organisations
China is inspecting the nation’s financial regulators, biggest state-run banks, insurers and bad-debt managers for the first time in six years to root out corruption in its €47trn financial system.
Globetrotting Spac bosses shun China amid mounting tensions
The globetrotting dealmakers starting blank-cheque companies are increasingly telling investors there’s one place they won’t go: China.. Read more at straitstimes.com.
US-China coronavirus vaccine diplomacy heats up but can donations sway allegiances?
Washington is ramping up vaccine diplomacy and Beijing increased donations and technology transfer, but competition may not ease shortages in all developing countries.
Shenzhen bond debut in HK seen as milestone
The issuance of a Shenzhen government bond in Hong Kong is a milestone in the country’s local government bond history and deepens the financial opening-up and consolidation of the special …
