- Analytics
- News and Tools
- Market News
- China imports and exports surge in December
China imports and exports surge in December
According to the report from Customs General Administration of China (CGAC), China's exports rose for the first time in five months in December and by more than expected, signalling a modest recovery in demand.
China's trade surplus narrowed to USD 46.79 billion in December 2019 from USD 56.80 billion in the same month a year earlier and less than market expectations of USD 48.0 billion. Exports rose 7.6 percent year-on-year, while imports grew at a faster 16.3 percent.
For full year of 2019, the trade surplus widened to USD 424.39 billion from USD 350.9 in a year earlier. For all of 2019, its total exports proved remarkably resilient to trade tensions, rising 0.5%, though that was well off a near 10% gain in 2018, reflecting weaker U.S. sales. Imports fell 2.8% last year as China's economic growth cooled to near 30-year lows, after rising 15.8% in 2018.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
