Chinese exports unexpectedly increased - Printable Version
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Chinese exports unexpectedly increased (/Thread-Chinese-exports-unexpectedly-increased)
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Chinese exports unexpectedly increased (/Thread-Chinese-exports-unexpectedly-increased)
Chinese exports unexpectedly increased - theold - 07-08-2022
Exports from China grew in July by 18 percent compared to last year. Trade with Russia is developing especially actively.
Chinese exports in July increased by 18 percent compared to the same period last year. This was reported by the dpa and Reuters news agencies on Sunday, August 7, with reference to data from the Chinese customs . Such strong growth was also recorded in June. Western experts then actually assumed a slowdown in growth.
https://www.dw.com/uk/kitajskij-eksport-neocikuvano-zris/a-62734486
RE: Chinese exports unexpectedly increased - cityhantam - 07-08-2022
Moronic Kokee Cok keeps saying China collapse!
RE: Chinese exports unexpectedly increased - WhatDoYouThink? - 07-08-2022
walao, with lockdowns and sanctions, still can get 17% yoy? daji yuan can confirm?
RE: Chinese exports unexpectedly increased - cityhantam - 07-08-2022
https://finance.yahoo.com/news/china-export-growth-beats-expectations-034159476.html
China’s Trade Surplus at Record as Exports Beat Expectations
China’s trade surplus rose to a record as exports grew faster than expected, easing some concerns over waning global demand and providing support for an economy battling sporadic Covid outbreaks and property woes.
The nation’s trade balance climbed to about $101 billion in July, surpassing the previous record set in June, according to government figures released Sunday. That’s the highest in data compiled since 1987. Exports in dollar terms grew 18% from a year earlier, beating economists’ estimates for a 14.1% gain.
“The strong export growth continues to help China’s economy in a difficult year as domestic demand remains sluggish,” said Zhang Zhiwei, president and chief economist at Pinpoint Asset Management. Robust growth boosts confidence in the yuan exchange rate, which helps deter capital outflows, he said.
China’s imports rose by 2.3%, compared with a 1% gain in June. That was lower than the median estimate for an increase of 4%, indicating weak domestic demand. Inbound shipments of commodities including soybeans, natural gas and copper declined on a monthly basis. Crude imports climbed, however.
RE: Chinese exports unexpectedly increased - cityhantam - 07-08-2022
https://finance.sina.cn/2022-08-07/detail-imizmscv5212827.d.html?from=wap
7月出口超预期增长18% 贸易顺差1013亿美元再创新高
8月7日，海关总署发布的数据显示，今年前7个月中国进出口总值3.643万亿美元，同比增长10.4%。其中，出口2.06万亿美元，同比增长14.6%；进口1.58万亿美元，同比增长5.3%；贸易顺差4823亿美元，扩大61.6%。
具体到7月，按美元计价，中国进出口总值5646.6亿美元，增长11%。其中，出口3329.6亿美元，同比增长18%，高于市场预期；进口2317亿美元，同比增长2.3%；贸易顺差1012.7亿美元，扩大81.5%，再创新高，前值979.4亿美元。
。
RE: Chinese exports unexpectedly increased - WhatDoYouThink? - 07-08-2022
another disappointment for gordon ching chong chiang and his disciples?
RE: Chinese exports unexpectedly increased - Levin - 08-08-2022
(07-08-2022, 09:31 PM)theold Wrote: Chinese exports unexpectedly increased
This title does not really state that it is a RECORD TRADE SURPLUS SINCE 1987. That is the more significant point.
https://www.straitstimes.com/business/economy/chinas-trade-surplus-at-record-as-exports-beat-expectations