China exports up 28% in September; surplus with US at $42B

  • 📰 AP
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

She got the jab? What’s going on here? yes ,the Astra*Zeneca,this happened on the floor of parliament yesterday in Austria..

I just want to say a big thank you to markdonaldlisaT I was nobody until a friend of mine introduced you to me it has been nothing but financial success for me, I will continue to share your good name ma’am.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's imports grow 17.6% in September, missing expectationsChina reported disappointing growth in imports in September, while exports beat expectations, according to data released Wednesday by the customs agency. good luck don't be surprise if this digits shows 50% till 2023 Never meet expectations
Source: CNBC - 🏆 12. / 72 Read more »

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.
Source: NBCNews - 🏆 10. / 86 Read more »

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.
Source: ABC - 🏆 471. / 51 Read more »

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. Won your sister’s won Kudos to China for consistently having prioritized leapfrog goals and education. Not to mention using its mineral wealth to aggresively support it all. There's lessons for every country in this. And no, I don't want to become communist - I just want democracies to do better. The Americans are hobbled by an elite class of cocaine addicted sycophants who pull wealth from innovation to support their need for disposable children.
Source: Reuters - 🏆 2. / 97 Read more »

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.
Source: Reuters - 🏆 2. / 97 Read more »

Tariff Relief Plan From Biden Administration Falls Short, Businesses SayU.S. businesses are panning the Biden administration’s new China trade policy, saying it fails to provide the tariff relief they expected for importers who lack cost-effective alternatives to Chinese products. Democrats are Literally playing Russian Roulette 🎲🎲🎲🎲🎲🎲 Pass Legislation Donald J. Trump cannot become speaker, be appointed, represent America, be elected President or any & all other government positions
Source: WSJ - 🏆 98. / 63 Read more »