China – Sep External Trade
12/10/2018 03:14 pm MYT
T +
T -

In Sep, exports jumped 17.0%, year-on-year, to RMB1.55 trillion, while imports jumped 17.4% to RMB1.34 trillion, giving rise to a trade surplus of RMB213.23 bln – see figure 1. In Jan-Sep 2018, exports and imports rose 6.5% and 14.1% respectively from a year ago to RMB11.86 trillion and RMB10.42 trillion, giving rise to a trade surplus of RMB1.44 trillion.

 

Despite Trump’s tariff spree, China recorded the strongest export growth in over a year in Sep. Exports rose in most export destinations, including to the US. Notably, exports to countries along the Belt and Road Initiative have been growing strongly. On the other hand, import growth was driven mainly by higher imports of natural gas and petroleum products.

TOP
Note from Publisher
The media, whether in the traditional form or those in the new platform, is the most effective tool to spread information. Businesses use it to sell their products and services while politicians use it to convey their views and shape public opinion. Today, boys and girls and men and women in the streets are bombarded with tonnes of information in all variety every second on their electronic gadgets and they in turn can spread this information, true or fake, throughout the world with just one click. In the name of freedom and respect for human rights, a civilised society is not supposed to block the free flow of information.

Taking advantage of the supposed freedom, unscrupulous persons have exploited the media to spread untruthful information or outright lies to achieve their selfish objectives. Sadly, the majority of people, irrespective of their age or educational background, would believe in most if not all of the information they read on the media and react accordingly. Freedom is not lawlessness nor is it without boundary. True freedom comes with rules and responsibilities.

Fully cognizant of their responsibilities, i Capital and www.icapital.biz, being guided by the 3 i – independence, intelligence, integrity – have and will always provide truthful information and objective advice.
Stock Selections
Corporate News