China’s imports grew at their fastest pace in 10 years in May, fueled by surging commodity prices, while export growth missed expectations.
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China May iron ore imports down 8.9% m/m amid rising overseas demand
China’s iron ore imports in May fell 8.9% from a month earlier, official customs data showed on Monday, as shipments from major miners were at lower seasonal levels while recovering overseas markets …
China: Exports slow but imports jump
China’s trade growth showed slower exports but faster imports. What’s behind this divergence? Exports in May grew 27.9%YoY, which is slower than the consensus expectation of 32% growth. The main …
China’s May Exports, Imports Below Expectations But Still Strong
BEIJING–China’s exports and imports in May grew less than the market expected, though they expanded strongly compared with the same period a year …
Chinese milk tea maker Nayuki closer to HK IPO
Chinese milk tea maker Nayuki expects to be “the first stock in a new tea-based drinking sector” to go public as the firm has passed the listing hearing of the Hong Kong Stock Exchange, the…
China trade surges as demand in US, other markets rebounds
China says its exports surged nearly 28% in May while imports jumped 51% as demand recovered in the U.S. and other markets where the pandemic is waning …
China blocks several cryptocurrency-related social media accounts amid crackdown
A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining.
China’s Export Outperformance Key Theme in Recovery: NatWest
Peiqian Liu, China economist at NatWest Markets Plc., discusses China’s economy, the country’s trade data and her outlook for the yuan. She speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) …
Gusto Luxe Named Creative Partner by Tata Harper in China
Luxury marketing agency, Gusto Luxe, has been appointed by Tata Harper to develop its market entry strategy for China, and support the beauty brand with positioning, digital, and marketing. The agency …
China Youran Dairy seeks $800 mln in Hong Kong IPO
China Youran Dairy Group is aiming to raise up to $800 million in its Hong Kong IPO by pricing its shares at between $HK6.98 to $HK8.66 each, according to regulatory filings on Monday. HONG KONG,…
Trade Talk: China is now second-largest export destination, behind only US
Analysts, however, caution against reading too much into the FY21 data, saying “one swallow doesn’t make a summer”. As such, the pandemic year isn’t the ideal time to forecast a trend on its basis.
MOC: China maintains relatively rapid growth in export
China has maintained a relatively rapid growth in export so far this year, Gao Feng, spokesman for the Ministry of Commerce, said at a news conference on Thursday, the Economic Information Daily …
After Years in Prison, China Grocery Tycoon Weighs Twin IPOs
Zhang Wenzhong was cleared by China’s top court of financial misconduct charges after earlier spending more than half a decade in prison. Three years later, the Chinese tycoon has revived the …
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