China October greenback denominated exports +12.7% y/y & imports -2.three%
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The slide for imports shouldn’t be encouraging.
The export pipeline appears like its swelling forward of the US anticipated swingeing tariffs. Exports have been a vibrant spot for the economic system fighting weak home demand and a seemingly unending property market debt disaster.
YTD figures are right here from earlier:
- China January – October greenback denominated exports +5.1% y/y & imports +1.7%
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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