Free Trial

China's Exports Likely To Remain Strong In Q3-Journal

CHINA PRESS
MNI (Singapore)

China’s exports are expected to maintain a high rate of growth in Q3, while Chinese imports are expected to experience a further recovery, the China Securities Journal reported following July's trade data. China’s low-priced industrial products are seizing a greater global market share, with high inflation overseas putting the wider global manufacturing sector under pressure. The significant increase in exports to the EU, influenced by tight energy supply, provided a key boost to exports in July, the newspaper said, citing Wang Qing, chief macro analyst of Golden Credit Rating. External demand is still robust, especially when it comes to automobiles and clothing, and the adverse impact of overseas interest rate hikes is not yet obvious in the data, the newspaper said, citing analysts.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.