Imports in China
China - Imports (percent change)
Exports and imports accelerate in November
Exports expanded 12.3% annually in November, coming in above October’s 6.9% increase and market analysts’ expectations of a 5.3% rise. November’s healthy print signals that global growth remains strong, which is lifting demand for Chinese goods. In particular, export growth benefited from the launch of the new iPhones.
Meanwhile, imports rose 17.7% annually in November, which came in above October’s 17.4% expansion and the 11.3% increase that market analysts had expected. The print suggests that domestic demand is in a good shape, which bodes well for overall growth in Q4.
The trade surplus narrowed from USD 44.2 billion in November 2016 to USD 40.2 billion in November 2017 (October 2017: USD 38.2 billion surplus). The 12-month moving sum of the trade surplus decreased from October’s USD 425 billion to USD 421 billion in November, which marked the lowest value since January 2015.
Exports will expand 4.5% in 2018, bringing the trade surplus to USD 470 billion. In 2019, exports will rise 3.7%, pushing up the trade surplus to USD 492 billion.
China - Imports (%) Data
|Imports (annual variation in %)||7.2||0.5||-14.3||-5.5||16.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.50||-0.40 %||Nov 09|
|Exchange Rate||6.96||-0.19 %||Nov 09|
|Stock Market||2,599||-0.34 %||Nov 09|
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November 9, 2018
Consumer prices rose 0.2% from the previous month in October, down from September’s 0.7% increase.
November 8, 2018
Export growth accelerated from 14.5% in September to 15.6% in October.
October 31, 2018
The manufacturing purchasing managers’ index (PMI) published by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP) inched down to an over two-year low of 50.2% in October from 50.8% in September.
October 20, 2018
House prices in 70 large- and medium-sized cities rose 0.9% in September in month-on-month terms according to a weighted average index calculated by Thomson Reuters from data issued by the National Bureau of Statistics (NBS).
October 19, 2018
Industrial production expanded 5.8% annually in September, down from 6.1% in August and missing market expectations of 6.0%. September’s print mainly reflected a slowdown in manufacturing output, while the electricity generation and mining sectors recorded steeper growth than in August. On a month-on-month basis, industrial production increased 0.50% in seasonally-adjusted terms in September, down from August’s 0.53% expansion.