China: Exports outperformed in July – UOB – by pabspiovano China TradeBalance Banks
Key Takeaways
“Export growth in Apr-Jul averaged 14.2% y/y compared to 15.8% y/y in 1Q22, suggesting that activities have likely normalised from Shanghai’s two-month lockdown with the recovery over Jun-Jul.” “Given the high comparison base in 2021 when China’s export and import rose 29.9% and 30.1% respectively, we expect a more moderate growth of 10-12% for export and around 5% for import this year.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China Consumer Prices Hit a Two-Year HighChina’s consumer price index hit a two-year high in July as pork prices rebounded, according to the National Bureau of Statistics.
Leer más »
China Claims Trade with Russia Jumped 30% in First Half of 2022China's trade with Russia from January to July increased by nearly 30% from the same period last year to reach $97.71B, Global Times reported.
Leer más »
China: Tesla EV Sales Decreased In July 2022 To Below 30,000July has been another slower month in terms of vehicle production at the Tesla Giga Shanghai plant in China.
Leer más »
Tesla's July sales of Chinese-made vehicles slide due to factory line upgrades | AutoblogTesla's output and sales in China slid in July due to upgrades at its production facility, the company said.
Leer más »
China's July vehicle sales jump 30%, industry body saysChina's auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives.
Leer más »
New AI Detects Your Emotions by Scanning You With Radio SignalsThe algorithm isn't perfect, but it vastly outperforms past attempts.
Leer más »