Wait...
  1. Home >
  2. Export Import News >
  3. Economy News >
  4. China imports, exports down in September as growth cools >
  5. China imports, exports down in September as growth cools

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

China imports, exports down in September as growth cools.


Date: 15-10-2019
Subject: China imports, exports down in September as growth cools
BEIJING: China's imports and exports fell more than expected in September, official data showed Monday, as cooling demand at home and abroad hit trade in the world's second largest economy.

Globally, China's exports dropped 3.2 per cent in September from the same period last year, while imports dived 8.5 per cent, according to data from the customs administration.

The figures were worse than a Bloomberg forecast, which estimated exports to drop 2.8 per cent and imports fall 6.0 per cent.

The European Union has also replaced the United States as China's top trading partner amid a bruising tariffs spat, with imports from the US down 26.4 per cent on-year in September.

China promised to increase US agricultural purchases in a partial US-China deal announced Friday, which also includes protections for intellectual property and opening up financial markets.

Engulfed in an impeachment inquiry, US President Donald Trump heralded the deal as a major breakthrough.

But the deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues such as unfair state subsidies to Chinese firms for later, analysts told AFP.

So far, the two sides have imposed punitive tariffs covering more than $360 billion worth of goods in two-way trade.

China's trade surplus with the US narrowed 3.9 per cent to $25.8 billion in September from $26.9 billion in August.

"The mini US-China trade deal reached on Friday doesn't alter the outlook significantly," said Martin Lynge Rasmussen, China economist at consultancy Capital Economics.

"Looking ahead, exports look set to remain subdued in the coming quarters," he wrote in a research note.

China's total trade surplus in September was $39.65 billion.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 11-11-2019
Notification No. 44/2019-Customs (ADD)
Seeks to amend notification No. 1/2017-Customs dated 5th January, 2017 to insert S. Nos. 48 to 52 in the duty table to finalize the assessment of exports of jute products by M/s. Roman Jute Mills Ltd. (Producer/Exporter) and M/s SMP International, LLC,USA (Exporter/ Trader), M/s Aziz Fibres Limited (Producer/Exporter), M/s Natore Jute Mills (producer), Bangladesh and M/s PNP Jute trading LLC (Exporter/Trader), USA.

Date: 11-11-2019
Notification No. 43/2019-Customs (ADD)
Seeks to rescind notification Nos. 24/2018- Customs (ADD) the dated 7th May, 2018, 41/2018- Customs (ADD) and 42/2018- Customs (ADD) dated 24th August, 2018 which had prescribed provisional assessment on export of jute products from Bangladesh by specified exporters.

Date: 08-11-2019
Notification No. 30/2015-2020
Amendment in Policy Condition No. 3 of Chapter 88 and incorporation of Policy Condition No. 3 in Chapter 95 of ITC (HS) 2017, Schedule-I (Import Policy)-regd.

Date: 08-11-2019
Public Notice No. 42/2015-2020
TRQ for import of 30,000 MT of Crude Soya Oil from Paraguay under India-Mercosur PTA .

Date: 07-11-2019
Notification No.81/2019 - Customs (N.T.)
Exchange Rates Notification No.81/2019-Custom (NT) dated 07.11.2019

Date: 07-11-2019
A.P. (DIR Series) Circular No.8
Exim Bank's Government of India supported Line of Credit of USD 30 million to the Government of the Republic of Ghana

Date: 06-11-2019
Notification No. 59/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI - reg.

Date: 06-11-2019
Notification No. 60/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI - reg.

Date: 06-11-2019
Notification No. 61/2019-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI - reg.

Date: 06-11-2019
Notification No. 62/2019-Customs (N.T./CAA/EXTENSION/DRI)
Appointment of CAA by DGRI - reg.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001