China’s export growth slowed more than expected in August as global demand continued to weaken and domestic manufacturing slowed, while imports were almost flat.
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China’s Aug exports, imports growth misses forecasts
China’s exports grew 7.1% in August year-on-year, while imports rose only 0.3%, both missing expectations, customs data showed on Wednesday.
China trade: export growth slows, misses expectations, offshore yuan weakens past 6.99 per US dollar
China’s exports grew by 7.1 per cent in August compared with a year earlier, down from 18 per cent growth in July, while imports grew by 0.3 per cent last month Weak trade data further…
China’s August Trade Balance: Surplus shrinks, exports and imports disappoint
The exports jumped by 11.8% last month vs. 15.7% expected and 23.9% previous. The country’s Imports rose by 4.6% vs. 8.7% expected and 7.4% prior. China reported a big drop in the trade surplus, as…
U.S. Export Control against China Might Affect Korea’s Added Values
Hyundai Research Institute said in its report on Sept. 6 that South Korea’s added values would decrease by US$60.1 billion if the United States initiated anti-China export control in the strategic …
China to improve customs clearance with updated health card
China’s customs authority launched a new edition of its health declaration card, in which some requirements for travelers are removed to streamline customs …
China Steps Up LNG Sales To Europe As Prices Soar
Several cargos of U.S. LNG originally destined for China have been re-sold to Europe since the start of the year, the report noted, and right now China’s CNOOC is offering an LNG cargo from …
China Billionaire Guo Guangchang’s Flagship Fosun Int’l Plunges To Nine-Year Low As Tourism Stake Cut
Shares in Fosun International, the flagship of Shanghai billionaire Guo Guangchang, tumbled by 5.9% to a more than nine-year low in Hong Kong on Tuesday as the investment company lowered its stake in …
Biden’s $270 billion semiconductor bill to battle China isn’t that big a deal, Goldman says. Unless there’s some kind of huge ‘international conflict’
Biden pulled out all the stops on his huge bill to encourage more semiconductor production at home and outside China. Goldman says don’t believe the hype, but there’s a big if.
Bears in a China shop
As evidenced by another decline on Wall Street, the dollar climbing to a fresh 20-year high, and a sharp sell-off in UK government debt, the squeeze on global markets and investor confidence around …
Nvidia: Biden Targeting China On The AI Front
Nvidia’s headwinds of weak F2Q earnings and restrictions on selling GPUs in China, are coupled with a high valuation. Read why NVDA stock is an avoid.
Putin attends joint military drills with China, others
Russian President Vladimir Putin has attended sweeping war games involving troops from China and other nations in a show of force amid Moscow’s tensions with the West …
China’s export of heating appliances to EU soars
China’s export volume of electric heaters, electric blankets and other heating appliances has sharply risen so far this year, Yicai reported on Monday, quoting the China Household Electrical …