China October dollar denominated exports +12.7% y/y & imports -2.3%
The slide for imports is not encouraging. The export pipeline looks like its swelling ahead of the US expected swingeing tariffs. Exports have been a bright spot for the economy struggling with weak domestic demand and a seemingly never-ending property market debt crisis.YTD figures are here from earlier:China January - October dollar denominated exports +5.1% y/y & imports +1.7% This article was written by Eamonn Sheridan at www.forexlive.com.
The slide for imports is not encouraging.
The export pipeline looks like its swelling ahead of the US expected swingeing tariffs. Exports have been a bright spot for the economy struggling with weak domestic demand and a seemingly never-ending property market debt crisis.
YTD figures are here from earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.