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China Trade Data

All articles tagged with #china trade data

economy1 month ago•1 min saved

China's August Trade Surplus Hits Record $119B as Exports Surge 25%

China's August trade surplus expanded to a record $119.09 billion, driven by a 25% year-on-year jump in exports that matched forecasts. While imports rose 28.2%, missing the 30% estimate, the data highlights continued reliance on external demand to offset weak domestic consumption and investment. The trade surplus growth has intensified scrutiny from Western partners, though Beijing maintains its currency and trade policies are not designed to gain competitive advantage.

via CNBC|

#china-trade-data #domestic-demand #economy

finance3 years ago•5 min saved

Stocks in South Korea and Asia falter as traders analyze China trade data and RBA rate hike, while Wall Street eyes Fed speakers.

South Korean stocks fell 3% as investors analyzed China's trade data and the Reserve Bank of Australia's rate hike. China reported a worse-than-expected drop in exports in October, while imports surprisingly rose. South Korea's Kospi slipped 2%, with energy and manufacturing stocks dragging the index down. Cryptocurrencies rose after ether reached $1,900 for the first time since July. BCA Research predicts that the Federal Reserve is done raising rates and expects a recession to begin in the first half of next year.

via CNBC|

#china-trade-data #cryptocurrencies #finance