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Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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About Us
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Free AccessMNI DATA IMPACT:China 2020 Exports +3.6% Y/Y; Dec +18.1% Y/Y
China's exports have rapidly recovered from the second half of 2020 and have registered a 3.6% y/y increase for the year after the pandemic impacted global demand and logistics and transportation. The recovery was led by growing orders in medical materials, equipment as well as textile and fabric products, according to data from General Customs released on Thursday.
Here are some takeaways from the release:
- Exports increased for the seventh straight month by 18.1% y/y to $281.93 billion in December, slowing down from the previous 33-month high of 21.1% y/y growth due a high base effect. The strong rise helped exports grow 3.6% y/y for the year 2020.
- Exports to ASEAN countries rose 6.7% y/y, those to the EU and the US rose 6.7% y/y and 7.9% y/y respectively in 2020, while those to Japan fell 0.4% y/y.
- Imports rose 6.6% y/y to $203.75 billion in December, accelerating from last month's 4.5% increase. Imports narrowed the decline to 1.1% y/y at the end of 2020.
- Imports from all big partners edged up. Imports from the U.S. grew 9.8% y/y, from ASEAN countries by 6.6% y/y, from the EU by 2.3% y/y and from Japan by 1.8% y/y..
- The trade surplus expanded to $78.2 billion in December from $75.4 billion posted in November, bringing the total balance to $535.03 billion for 2020.
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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.