The Financial District’s Post

Bull China China’s export growth surged in October to the fastest in more than two years, extending a months-long run of resilience that helped sustain the economy before a barrage of stimulus measures aimed at shoring up domestic demand. Exports rose 12.7% in dollar terms from a year earlier and imports fell 2.3%, the customs administration said Thursday. The median forecasts of economists surveyed by Bloomberg were for exports to rise 5% and a 2% drop in imports. The trade surplus in October came to $95.7 billion, the third-highest month on record.

South Korea's export growth has slowed down. #asia #asiapacific #korea #southkorea #exports #exporting #exporters #smeexporters #serviceexports #agexporters #agexports #exportdevelopment #exportassistance #tradepolicy #tradefacilitation #globaleconomy #globaltrade #internationaltrade

China – exports flat-lining It seems increasingly unlikely that exports can offset the weakness of domestic demand. Today's export data for August weren't strong. Volumes might be better, but the regional export cycle is likely peaking, and that at a time when China's domestic demand seems to be weakening further. Click below to read more, or get in touch if you are interested in subscribing. #China #ChinaEconomy

China's Export Rally Continue. China’s exports grew for a fourth straight month, an uplift that’s likely insufficient to spur the economy in the absence of stronger domestic spending. Shipments abroad expanded 7% in July in dollar terms from a year earlier, while imports rose 7.2%, the customs administration said Wednesday. That left a trade surplus of $84.65 billion for the month. Economists surveyed by Bloomberg had forecast a 9.5% gain in exports and an increase of 3.2% for imports. The annual figures benefited from a low base of comparison in 2023 and more working days in the month compared with a year earlier. https://lnkd.in/gTWtzSwi

South Australia is the only state in the nation to grow its exports according to latest trade stats as trade with China continues to soar – up nearly 40 per cent year-on-year. This is the eighth consecutive month that South Australia’s export growth has outpaced the nation, and the third consecutive month as the only state to experience export growth.

China – strong exports in March Exports rose MoM in March, while imports were weak. Outside concern about China's trade surplus is going to intensify. Click below to read more, or get in touch if you are interested in subscribing. #China #ChinaEconomy

South Australia is the only state in the nation to grow its exports according to latest trade stats as trade with China continues to soar – up nearly 40 per cent year-on-year. This is the eighth consecutive month that South Australia’s export growth has outpaced the nation, and the third consecutive month as the only state to experience export growth.

Western policy analysts refer to an “export surge” from China, but China’s exports to developed markets have stagnated for years. However, China’s exports to the Global South have doubled in recent years. Exports to every region of the Global South – Asia, Latin America, Africa, Middle East/North Africa and Central Asia have risen. Some of China’s export success in the developing world, reflects a new kind of triangular trade motivated by the 25% tariff on some $200 billion of Chinese imports which the Trump administration in the USA imposed in 2019. China ships components and capital goods to Mexico, Vietnam, India and other countries, which then assemble them into finished products for sale in the United States.

Bloomberg: China Exports Drop More Than Expected in Setback to Recovery +Hopes for meeting 5% growth target hinge on trade revival +Imports unexpectedly slide in signal of weak demand at home #China’s exports slumped in March, dealing a blow to hopes that booming sales abroad will offset weak demand at home and drive growth in the world’s second-largest #economy. #Exports shrank 7.5% in dollar terms in March from a year earlier, while #imports fell 1.9%, the customs administration said Friday. Both numbers came in well below economist forecasts. The #trade surplus for the month was almost $59 billion. Continue reading: https://lnkd.in/eDxtD-XJ

Export Growth: China’s exports surged 12.7% in October, the fastest rise since July 2022, totaling $309 billion and pushing the trade surplus to a record level. Trade Risks: Companies front-loaded shipments, anticipating potential tariffs from Trump’s return, who has threatened up to 60% tariffs on Chinese goods. Currency Policy: China weakened the yuan to bolster exporter competitiveness. Market Shifts: Exports to the U.S. rose 8.1%, with notable increases to ASEAN, the EU, Russia, and others. Economic Implications: Despite tariff risks, exports are expected to support China’s growth target of 5% this year, with further stimulus anticipated to boost domestic demand. #ChinaTrade #Exports #TariffRisks