Goods exports grew 7.6% year-on-year to $237.7 billion last month, ending four straight months of contraction, data (link in Chinese) released Tuesday by the General Administration of Customs showed. China’s trade numbers finished 2019 on a strong note as growth of both imports and exports accelerated in December amid improving manufacturing activity and positive signs in China-U.S. trade relations, a customs official said (link in Chinese) at a briefing Tuesday. Cranes lift cargo containers at a terminal at the port of Yangshan in Shanghai China’s trade numbers finished 2019 on a strong note as growth of both imports and exports accelerated in December amid improving manufacturing activity and positive signs in China-U.S. trade relations, a customs official said (link in Chinese) at a briefing Tuesday. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. The pace of growth also beat the Caixin median forecast of a 9% increase. We promise to deliver quality journalism that stays away from vested interest and political propaganda. Subscribe to The Hindu now and get unlimited access. But exports to the largest economy continued to shrink, down 14.6% year-on-year to $34.4 billion last month. Export growth has been a major component supporting China's rapid economic expansion. Exports in August rose 9.5% from a year earlier, customs data showed on Monday, marking the strongest gain since March 2019. The figure also beat … It has helped us keep apace with events and happenings. China’s exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed lockdowns in a further boost to the recovery in the world’s second-biggest economy. Imports in December jumped 16.3% from the same period in 2018 to $190.9 billion, the second consecutive monthly increase after six straight months of decline. You have reached your limit for free articles this month. At this difficult time, it becomes even more important that we have access to information that has a bearing on our health and well-being, our lives, and livelihoods. Caixin Global has launched Caixin CEIC Mobile, the mobile-only version of its world-class macroeconomic data platform. As a subscriber, you are not only a beneficiary of our work but also its enabler. The European Union remained China’s largest trading partner. From barren to swampy, Kadapa shows the way in water conservation! Exports in August rose 9.5% from a year earlier, customs data showed on Monday, marking the strongest gain since March 2019. Watch | India’s first batch of homegrown asafoetida, New genus of treefrog discovered in Andaman Islands. In 2019 China's exports increased 0.5 percent, slowing sharply from a 10 percent rise in 2018, with sales to the US falling sharply amid ongoing trade tensions. However, we have a request for those who can afford to subscribe: please do. China’s trade volume for all of 2019 shrank 1% to $4.6 trillion, as exports expanded 0.5% and imports contracted 2.8%. Higher domestic demand was one reason for last month’s better-than-expected import growth. European Union and United States were China's leading export partners in 2019. Contact reporter Guo Yingzhe (yingzheguo@caixin.com) and editor Michael Bellart (michaelbellart@caixin.com). Copyright © 2019 Caixin Global Limited. We also reiterate here the promise that our team of reporters, copy editors, fact-checkers, designers, and photographers will deliver quality journalism that stays away from vested interest and political propaganda. Trade surplus reached $421.5 billion, higher than in 2018 and marking the third highest since 1950, only after 2015 and 2016, according to customs data compiled by economic data provider CEIC. Cardi B apologises for Goddess Durga look on magazine cover, New marine ornamental shrimp species discovered in Lakshadweep, BMW’s electric wingsuit can fly at speeds of 300 kmph, ‘Ludo’ movie review: Largely entertaining, with an in-form Anurag Basu, Wall that collapsed killing 17 people in Mettupalayam built again, Google Photos will end free unlimited storage from June 2021, Schools, colleges not to reopen in T.N. An improvement in operating conditions in the manufacturing sector over the last two months has led to an increase in the imports of some raw materials and energy products, said Huang Guohua, a deputy head of the customs administration’s statistics and analysis department.
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