China’s import and export growth slowed in September amid shipping bottlenecks and other disruptions combined with coronavirus outbreaks, according to customs data. The politically sensitive trade surplus with the U.S. rose to $42 billion in the month.
The report showed exports rose 28.1% to $305.7 billion. That was slightly slower than the 33% increase logged in August, but faster than economists had forecast. Imports rose 17.6% to $240 billion, less than the previous month’s 26% but a bit more than expected.
This year’s trade figures have been distorted by comparison with 2020, when global demand plunged in the first half after governments shut factories and shops to fight the pandemic. Chinese exporters reopened after the ruling Communist Party declared the virus under control in March 2020, while its foreign competitors still were hampered by anti-virus curbs.
Overall growth in two-way trade rose 15% in July-September, slowing from 25% year-on-year growth in the previous quarter.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Flooding in China kills at least 28, including 13 in bus plungeDEVELOPING: Authorities in China say that 13 people have died after a bus plunged into a rushing river amid heavy flooding that has caused 15 other fatalities.
Lire la suite »
Bus plunge, floods leave at least 28 dead in northern ChinaChinese authorities confirm 13 people died after a bus plunged into a rushing river amid heavy flooding that has caused 15 other fatalities in the north.
Lire la suite »
China has won AI battle with U.S., Pentagon's ex-software chief saysChina has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon's former software chief told the Financial Times.
Lire la suite »
China's ENN agrees to buy LNG from U.S. Cheniere in long-term dealChinese natural gas distribution company ENN Natural Gas Co Ltd said on Monday it signed a 13-year deal to buy liquefied natural gas (LNG) from U.S. LNG company Cheniere Energy Inc beginning in July 2022.
Lire la suite »