China exports News

In the three months to December, the economy grew 6.4% from a year earlier, down from 6.5 percent in the previous quarter.

China`s April imports rose 11.9 percent, cooling from March`s 20.3 percent rise, official data showed on Monday, and missing analysts` expectations for an 18 percent rise.

Turning the tables on India Inc, NITI Aayog Vice-Chairman Arvind Panagariya today said the industry is not discharging its responsibility of creating jobs.

China`s imports surged almost 40 percent last month, data showed Wednesday, fuelled by higher commodity prices and strong domestic demand, bolstering hopes that the world`s number two economy is getting back on track.

China`s foreign exchange reserves unexpectedly fell below the closely watched $3 trillion level in January for the first time in nearly six years, even as authorities tried to curb outflows by tightening capital controls.

India should rethink its opposition to Chinese investments in Sri Lanka and join the port development in the island nation instead of feeling "jealous", China's state media said today.

China's foreign exchange reserves fell by USD 320 billion last year, Beijing announced Saturday, as authorities sought to support the yuan against a soaring dollar which is encouraging capital outflows.

Imports fell 1.9 percent on-year to $142.5 billion, Customs said, and the trade surplus declined to $42.0 billion.

China`s imports rose 1.5 percent year-on-year in August, figures showed Thursday, the first increase in nearly two years, in a positive sign for the world`s second-largest economy.

Exports fell 25.4 percent from a year earlier, twice as much as markets had feared as demand skidded in all of China`s major markets, while imports slumped 13.8 percent, the 16th straight month of decline.

That left the country with a trade surplus of $60.24 billion for the month, the General Administration of Customs said on Tuesday, compared with forecasts of $48.20 billion. 

Exports increased 2.1 percent to 1.17 trillion yuan on-year, and the country`s trade surplus leaped by 45.0 percent to 284.2 billion yuan, the General Administration of Customs said.

Amid slow recovery of the global economy and some countries resorting to currency depreciation, China Tuesday said it is facing mounting challenges like boosting its declining exports this year.

In a sign of soft domestic demand, imports into the world`s second-biggest economy also shrunk 12.7 percent last month compared with a year ago, data from the General Administration of Customs showed.

Data released by the General Administration of Customs on Sunday showed that China posted a record trade surplus of $60.6 billion last month.

Exports leapt 48.3 percent year-on-year to $169.2 billion while imports fell 20.5 percent to $108.6 billion, Customs said on its website. 

October`s surplus also widened from the $31.0 billion recorded in September, though it was off the record $49.8 billion recorded in August, previous figures showed.

Imports fell 2.4 percent year-on-year to $158.6 billion, the General Administration of Customs announced, while exports increased 9.4 percent to $208.5 billion.

Oil prices rose today as positive news on exports from China and economic growth in Japan followed last week's solid jobs report in the US.