China – Sep External Trade
12/10/2018 03:14 pm MYT
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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.

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Note from Publisher
In a seminar organised by Capital Dynamics in 2002, Tan Teng Boo said that the modernisation of China is a transformation that happens only once in a millennium. In the 17 years that followed, we have seen a glimpse of the impact coming from China’s transformation.

Feeling increasingly insecure, the US has launched a multi-pronged war on China, which has caused great uncertainty around the world. The clash between the two global giants is expected to be long-drawn, lasting decades. Hence, it is important that one has a deep and sound understanding of the US-China tensions and relations. In the coming 2018/2019 Global Investor Week on 13 and 14 April 2019, we have invited prominent speakers from China, US, Africa, and Asia to share their candid views based on their unique perspectives. Closer to home, the rapid changes in Malaysia’s political scene are of utmost concern to Malaysians. How will Malaysia’s political future play out ? Come and listen to the insights from leading experts on Malaysian politics.

Many other exciting programmes have been planned for the 2018/2019 Global Investor Week. Please visit https://giw.icapital.biz for more details.
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