Exports increased by 27.9%, less than expectations of 41.6%. The trade balance stood at 45.53 billion, below expectations of 50.5 billion, though over the previous month’s 42.85 billion.
Tagged By export
China aims to accelerate expansion in blockchain industry
China is eyeing to further boost the technological application and industrial development of blockchain over the next decade, according to a guideline released by industrial development and cyberspace …
China’s exports jump 28% in May
China’s exports and imports surged in May and its politically sensitive surplus with the U.S. grew as the pandemic was waning in important markets in the West.
Fast fashion brands like Forever 21 and H&M have inspired China’s latest monster trend – fast beauty brands turning out new products in record time
China’s fast beauty brands – primed for quick production and lighting-fast new product development – threaten to overtake traditional Western brands.
Trade with China: $20 billion in exports, $43 billion in imports
Vietnam’s import and export activities in May were affected by the fourth Covid-19 wave, but they still increased generally.
Reckitt to sell China baby formula business for $2.2 bln
British consumer goods maker Reckitt Benckiser Group Plc (RKT.L) said on Saturday it was selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital …
Uh Oh, ‘Woman Dr. Bitcoin’ Says It’s ‘Judgement Day for Crypto’ in China
The ongoing crackdown on cryptocurrency throughout China took one step further over the weekend, with popular social media site Sina Weibo terminating a number of major crypto accounts.
Beijing’s tech crackdown cooling IPO market in HK
HONG KONG • Public listings in Hong Kong are tracking at their slowest pace since the aftermath of the global financial crisis, as weaker markets and China’s clampdown on its biggest tech firms chill …
How Will China ETFs React to the Latest Exports Data?
China’s exports climbed 27.9% year over year in May, in comparison with the 32.3% rise recorded in April. Meanwhile, imports rose 51.1% year over year in May versus a rise of 43.1% in April. Notably,…
China’s exports up 28%, imports hit decade-high
China’s exports rose 27.9 per cent in May while imports grew at the fastest pace in more than a decade as the global economy powers back from the …
China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules
Few obstacles stand in the way of China accepting a global minimum tax rate, analysts say, but the new rules could impact Hong Kong as a leading international tax haven.
Beijing eyes Xiaohongshu over Weibo post on Tiananmen anniversary
Xiaohongshu’s Weibo post might have meant to engage users excited for the weekend, but the timing coincided with the anniversary of the Tiananmen Square massacre.
A Chinese fashion site’s TGIF post went terribly wrong in the eyes of Beijing
Xiaohongshu’s Weibo post might have meant to engage users excited for the weekend, but the timing coincided with the anniversary of the Tiananmen Square massacre.