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China 2024 Exports To Grow 4%

CHINA PRESS

China’s exports should grow around 4% in 2024, with H2 shipments supported by the a global manufacturing expansion and the U.S. starting an inventory replenishment cycle, according to Wu Chaoming, deputy director at the Caixin Research Institute. Zhou Maohua, macro researcher at the Everbright Bank, said exporters faced trade barriers and FX volatility, but will maintain growth in H2 given China’s complete industrial chain and ability to adapt to global changes. (Source: 21st Century Business Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com

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