China Exports Rise
World Economy

China Exports Rise

China’s exports reversed their course in March and returned to growth for the first time in nine months, DW reported. While investors welcomed the trade data, economists warned it masked underlying weakness in overseas demand. Official figures released on Wednesday showed that China’s exports in March jumped 11.5% from a year earlier, to $160.8 billion, snapping an eight-month streak of declines caused by waning global demand. This is the first increase since June last year and the highest percentage rise since February 2015. Imports, on the other hand, continued to fall but less than expected, declining by 7.6% in dollar-denominated terms to $131 billion, led by sharp corrections in imports of tax-free foreign goods, rentals and leasing and imported equipment. However, import volumes of most major commodities, notably copper and iron ore, rose strongly. The export rebound has fuelled hopes that a growth slowdown in the world’s second-largest economy may be coming to an end.


Short URL : http://goo.gl/RJzcFp
  1. http://goo.gl/vyfpPd
  • http://goo.gl/HXE6Qz
  • http://goo.gl/43qLnc
  • http://goo.gl/NkkxHG
  • http://goo.gl/Xnx91M

You can also read ...

Mexico Hosts 39 Million Tourists, Earns $21 Billion
Mexico saw record revenues from international tourism in 2017...
US has accused ABLV of money laundering and breaching  sanctions on North Korea.
The European Central Bank said Saturday it has determined that...
S&P Ups Russia to Investment Grade
Russia received a long-awaited upgrade to its sovereign rating...
Debt to GDP ratios across the OECD averaged 73% last year and its members are set to borrow $14.67 trillion from the markets this year.
The world economy is at risk from a rising tide of government...
Peru Deficit Narrows
Peru had a current account deficit of 1.3% of the gross...
China’s Geely Buys $9 Billion Daimler Stake
The founder of Zhejiang Geely Holding Group Co. has...
Thorny issues such as content rules for  cars remain unsolved.
It’s looking increasingly likely Nafta talks will extend...
Manafort Indictment Spells Trouble for Bankers
Recently filed federal charges against President Donald Trump’...