RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

MNI: PBOC Sets Yuan Parity Lower At 7.1043 Mon; -4.74% Y/Y

MNI BRIEF: China’s April Loan Prime Rate Unchanged

CHINA SETS YUAN CENTRAL PARITY AT 7.1043 MON VS 7.1046

INDON Sov Curve Flatter, Trade Surplus Soars, BI Decision Wednesday

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China November Exports Shows First Up in 7 Mths

MNI (Singapore)
(MNI) Beijing

China's exports rose 0.5% y/y in November, up from October's 6.4% y/y fall, the first increase in seven months, beating the consensus of a 0.3% y/y decrease, data released by Customs on Thursday showed.

Exports in the first 11 months of 2023 totalled USD3.1 trillion. ASEAN countries -- accounting for 15.1% of total exports -- decreased by 5.5% y/y over the Jan-Nov period while those to the EU and the U.S. decreased 11.0% and 13.8% y/y.

Imports declined 0.6% y/y in November, dropping from last month's 3.0% y/y growth and missing the 3.7% y/y consensus. The decrease was mainly led by falling commodity prices. Imports in the first eleven months amounted to USD2.3 trillion.

The trade surplus over the January-November period was USD748.1 billion, with November contributing USD68.4 billion, following last month's USD56.5 billion surplus.

TradeDataPolicy NewsHomepageCentral Bank NewsPBOCAPACChinaData BriefData StoriesBriefStoryRegion
True
TradeDataPolicy NewsHomepageCentral Bank NewsPBOCAPACChinaData BriefData StoriesBriefStoryRegion
True

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.