According to Chinese customs data released on Tuesday, Beijing’s trade surplus with the United States has narrowed to $30.75 billion in September, down from $34.24 billion a month earlier. For the first nine months of the year, China’s trade surplus… Read More ›
trade surplus
China’s exports rises for 3rd consecutive months, exceeds market expectations
On Monday, in August with more countries relaxing coronavirus lockdowns, exports from China have risen for the third consecutive month by 9.5% from a year earlier, according to customs data, marking the strongest gain since March 2019. China’s imports have… Read More ›
Eurozone trade surplus grows in Feb. 2020, imports from China declines
In a significant development, the euro zone’s trade surplus with the world grew in February, with imports from China falling sharply. The unadjusted goods trade surplus grew to $25.1 billion (23.0 billion euros) in February, compared with 18.5 billion euros… Read More ›
China’s trade surplus with U.S. narrowed to $15.32 billion in March
On Tuesday, according to China’s customs data, trade surplus with the United States has narrowed to $15.32 billion at the end of March. In comparison, during the January to February period, China’s trade surplus with the United States stood at… Read More ›
China’s purchase of U.S. goods and services to touch $40 billion during next 2 years
According to a source briefed on the Phase 1 trade deal, China has pledged to purchase an additional $80 billion of manufactured goods from the United States over the next two years along with just over $50 billion more in… Read More ›
China hoping for partial trade deal, respite from U.S. tariffs
It is important to note that concessions made by China are largely insignificant and non-systemic. U.S. demands that it stops the forcible transfer of U.S. technology to Chinese firms, stop industrial espionage, stop non-compliance of U.S. intellectual property rights, have… Read More ›
Trump escalates trade war
A trade war is far better than a weak non-enforceable agreement given China’s history of reneging on its commitments. In order to be more effective, Trump will have to make manufacturing in China more expensive. That should perk up the… Read More ›
U.S.-Japan trade talks to commence on April 15-16 in Washington
The trade talks are aimed at finding ways to address Tokyo’s $69 billion trade surplus with the United States. On Friday, Japan’s Economy Minister Toshimitsu Motegi disclosed, Tokyo and Washington are slated to hold their first round of trade talks… Read More ›
China records highest trade surplus with U.S. since 2006
China’s trade surplus with the United States grew by 11.3% from the previous year. Customs data released on Monday shows, China recorded its biggest trade surplus with the United States which touched $323.32 billion – its highest since 2006. In… Read More ›
China’s trade surplus with the U.S. at record high in August 2018
The trade data could further push Washington to impose the next slab of tariffs on U.S. import of Chinese goods worth $200 billion. Customs data disclosed on Saturday showed China’s trade surplus with the United States has widened to a… Read More ›