Long-Awaited Slowdown in China Exports Still Isn’t Happening

[rainman + 263]

China’s exports strengthened unexpectedly in September despite the worsening trade dispute with the U.S., while the two countries’ trade gap hit a fresh high. A rush of shipments driven by fear of heavier tariffs, a softer domestic currency and solid external demand all spurred export growth, economists say. But the momentum won’t last long, they predicted, as trade woes will likely intensify. Total exports were up 14.5% from a year earlier, the General Administration of Customs said Friday, beating August’s 9.8% and economists’ median forecast of 8.8%. Shipments to most major markets, including the U.S., European Union and Japan, accelerated. As to why the expected slowdown hasn’t materialized, Standard Chartered economist Ding Shuang said, “It’s still about timing.” Exporters still have incentive to front-load shipments ahead of Christmas and Thanksgiving holidays, he said. A weakening yuan—down more than 9% against the dollar since April, according to information provider Wind—has also made Chinese goods cheaper for overseas buyers.

[franco + 96]

Yes the growth of export abt 15 percent, and thıs ıs go on on next month seems so.

[Pavel + 384]

Logical buying before the next tariffs take effect...

[50 shades of black + 254]

So, tariffs aren't working - China trade surplus with US widens to record $34.1B

 

https://www.miamiherald.com/news/business/article219904700.html

[Petar + 76]

China trade is really interesting: they're suggesting they aren't devaluing currency (experts agree), but the tariffs on "them" have been offset by their weakened currency

[pinto + 293]

Trade war is "getting" a new phase: Richard Nixon's grandson is likely to join Trump's administration to work on China trade issues...

[ThunderBlade + 231]

18 minutes ago, 50 shades of black said:

So, tariffs aren't working - China trade surplus with US widens to record $34.1B

 

https://www.miamiherald.com/news/business/article219904700.html

Looks like something is working — for China

[damirUSBiH + 327]

 

26 minutes ago, 50 shades of black said:

So, tariffs aren't working - China trade surplus with US widens to record $34.1B

For January-September, China’s trade surplus with the United States was $225.79 billion, compared with about $196.01 billion in the same period last year....

[Richard thoeny + 2]

China,current cheap over come tariff