Exports, ‘Lack Of Bad News’ Bolster China After Tech Rout

Exports, ‘Lack Of Bad News’ Bolster China After Tech Rout

You might have expected Chinese trade to falter in August given the temporary shutdown of the world's third-busiest container port and the prospect of waning external demand as the Delta wave washes over the world, colliding with various "peak growth" narratives in developed nations, especially the US. Instead, the country's exports hit a record last month, data out Tuesday showed. Shipments were $294.3 billion, up 25.6% YoY (figure below), exceeding all estimates. The range, from 27 economists
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints