Free Demo Request

China exports and imports show robust demand and domestic strength

Date 13-Nov-2017
Subject China exports and imports show robust demand and domestic strength

China exports and imports show robust demand and domestic strength

BEIJING: China’s exports continued their robust performance sustained by strong domestic demand for imports. Exports increased 6.9 per cent in dollar terms in October from a year earlier, the Customs Department said. Imports advanced 17.2 per cent year on year as the trade surplus stood at CNY254.5 billion (US$38.3 billion).

“The stronger yuan has more or less hurt exports," said Zhu Qibing, Chief macro-economy analyst at BOC International China in Beijing. "Global demand edged down last month but the overall trend is steady throughout next year. External demand will continue to support China's economy."

Source:- Dailyshippingtimes.com

High-volume of Loyal
and Trusted Customers!

We feel pride in offering our customers the wide range of products of the top leading brands of the world.

BCG
Binani
Godrej
Induslnd Bank
Indian Oil
ITC Limited
Jindal Steel Power
Milton
Paharpur
Philips
Reliance
TATA Chemicals Limited
The Times of India
Wipro
Yamaha
Dalmia Bharat Cement
JCB
Pernod Ricard