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China posts stronger-than-expected export, import growth
China’s customs data on October 13 showed exports climbing 8.3% year-on-year, beating consensus of 6%, while imports rose 7.4%, their strongest pace since April 2024. Trade with non-U.S. markets fueled much of the gain as Beijing pushes exporters to diversify amid looming tariff pressures. The data offers relief to global markets worried about deep export contraction under Trump’s new tariff proposals. (Reuters)
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
positive
China posts stronger-than-expected export, import growth
China’s customs data on October 13 showed exports climbing 8.3% year-on-year, beating consensus of 6%, while imports rose 7.4%, their strongest pace since April 2024. Trade with non-U.S. markets fueled much of the gain as Beijing pushes exporters to diversify amid looming tariff pressures. The data offers relief to global markets worried about deep export contraction under Trump’s new tariff proposals. (Reuters)
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
1 min read
62 words
China’s exports and imports top forecasts despite trade war headwinds.
China’s customs data on October 13 showed exports climbing 8.3% year-on-year, beating consensus of 6%, while imports rose 7.4%, their strongest pace since April 2024. Trade with non-U.S. markets fueled much of the gain as Beijing pushes exporters to diversify amid looming tariff pressures. The data offers relief to global markets worried about deep export contraction under Trump’s new tariff proposals. (Reuters)
China’s customs data on October 13 showed exports climbing 8.3% year-on-year, beating consensus of 6%, while imports rose 7.4%, their strongest pace since April 2024. Trade with non-U.S. markets fueled much of the gain as Beijing pushes exporters to diversify amid looming tariff pressures. The data offers relief to global markets worried about deep export contraction under Trump’s new tariff proposals. (Reuters)
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China trade
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China trade
exports
imports
global trade
macroeconomics