China's Customs Spokesman: Exports to the US down 6% in Jan-Sep - Reuters
|China's Exports or outbound to shipments fell by 6% year-on-year in the January to September period, China's Customs Spokesman said on Monday, according to Reuters.
Key quotes
Stable domestic growth provided strong cushion for China to counter its external challenges.
Trade development in future still complicated and severe.
Full-year trade will maintain the trend of being overall stable.
China exports to US Down -6% y/y in Jan-sept, imports from US -22.5% in yuan terms.
China's exports to US -10.7% in USD terms during Jan-sept.
Trade frictions with the US Brought some pressure to china's trade.
Jan-sept imports from the US down -26.4% y/y in USD terms.
Latest China-US trade talks had a favourable outcome in some areas.
China and US Talked about future consultation plans and agreed to work on reaching a final deal.
Believes this will be conducive to the expansion of China-US trade.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.