China – Oct External Trade
08/11/2018 03:25 pm MYT
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In Oct, exports jumped 20.1%, year-on-year, to RMB1.49 trillion, while imports jumped 26.3% to RMB1.26 trillion, giving rise to a trade surplus of RMB233.63 bln – see figure 1. In Jan-Oct 2018, exports and imports rose by 7.9% and 15.5% respectively from a year ago to RMB13.36 trillion and RMB11.70 trillion, giving rise to a trade surplus of RMB1.66 trillion.



Despite Trump’s tariff spree, China recorded the strongest export growth in over a year in Oct. 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.

Note from Publisher
One of the reasons Tan Teng Boo set up Capital Dynamics is to help genuine investors achieve superior returns by investing properly. Therefore, Teng Boo and Capital Dynamics have always place great emphasis on investor education. While providing sound investment advice, the contents of i Capital and are written with the objective of teaching subscribers the important ingredients of sound investing. Once again, we urge subscribers to put in the time and efforts to read the entire issue of i Capital every week; your efforts will definitely not be wasted.

We also provide investor education through organising investment seminars and since 2010, Asia’s most innovative investment event – the Global Investor Week (formerly known as Investor Day). Every year, thousands of people have participated in the 2-day event, got enriched and their minds opened. The Global Investor Week is not a tip giving event, yet the knowledge and wisdom that one gained from the rich contents will be life-long assets.

The 2018/2019 Global Investor Week will be held on Saturday, 13th Apr at Wisma MCA and Sunday, 14th Apr at the Plenary Theater KLCC. Day one will be open to the public with free admission, while Day two of the 2018/2019 Global Investor Week will be a paid event. Please mark these important dates in your 2019 calendar.
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