MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

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

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

MNI: PBOC Sets Yuan Parity Higher At 7.1046 Fri; -5.03% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1046 FRI VS 7.1020

INE Business Confidence Data Supports Upward Revisions In Q1 GDP Forecasts

MNI: GERMANY FEB PRODUCER PRICES -2.9% Y/Y

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 DATA BRIEF: China Sept Exports See Solid Growth +33.0% YTD

MNI (Singapore)
SINGAPORE (MNI)

China's exports in September jumped 28.1% y/y to USD305.74 billion, boosted by recovering overseas demand and strong sales of electronic and labor-intensive products, data from China General Administration of Customs on Wednesday showed.

Exports marked a 16th straight monthly increase with customs adding that exports recovery has further consolidated, but that the pandemic as well as a more complicated external environment are still challenging.

The trade surplus expanded to USD66.76 billion from USD58.34 billion, the widest so far this year. Imports, on the other hand, slowed to 17.6% y/y growth at USD238.98 billion in September, partly due to the fast-rising commodity prices.

Total exports In the first three quarters rose 33.0% y/y. Shipments to the U.S. soared nearly 33% y/y, while those to the EU and Japan gained almost 32.0% and 18.0%, respectively. Imports increased 32.6% y/y in the Jan-Sep period. Total imports from the U.S. in this period surged 43.5% y/y, while those from the EU and Japan rose nearly 28% and 22.2%, respectively.

DataPolicy NewsHomepageStoryAPACChinaData BriefData StoriesBriefChina Market NewsRegion
True
DataPolicy NewsHomepageStoryAPACChinaData BriefData StoriesBriefChina Market NewsRegion
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.