39503
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 ...

Pan-European stocks were down on Friday following falls in Asian and US stocks overnight.
European stocks continued to trade deep into the red on Friday...
Tech Sector Suffering as Brexit Uncertainty Bites
Uncertainty caused by the UK’s decision to exit the European...
Mexico Hit by Major Bribery Scandal
Mexico is the latest country caught up in the swirling scandal...
Indonesia’s First Trade Deficit in 19 Months
Indonesia posted its first trade deficit since late 2015 in...
Sri Lanka  Cuts Taxes
Sri Lanka announced tax cuts and subsidized loans for small...
Malaysia GDP grew 5.8% year-on-year in the second quarter.
Malaysia’s economic growth accelerated unexpectedly to the...
The Industrial and Commercial Bank of China
Chinese banks are set to see a slowdown in lending growth in...
Taiwan Raises GDP Growth
Solid demand for the components Taiwan pumps out for tech...

Trending

Googleplus